Industry at a glance ///

In February, US workover and US rotary rigs continued to freefall. The US workover rig count fell to 1,947, down 20.7% from 2,455 in February 2008 and down 9.5% from 2,152 the previous month. Rotary rigs running in the US fell to 1,320, down 25% from 1,765 in February 2008 and down 15% from 1,553 the previous month. Despite the falloff in US rigs, the international rotary rig count remained stable at 1,530 in February.

Log in to view this article.

Not yet a subscriber?  Get started now for immediate access to this content and more.

World-Oil-Free-Trial-2015.jpg

World-Oil-Premium-Subscribe-2015.jpg

Already a subscriber but don’t have an online account? Contact our customer service.