The lowest international oil and gas rig count that was recorded since 1975 was in August 1999, at 556 rigs. Meanwhile, a peak in the number of active oil and gas rigs was recorded in the early 1980s, at 1,509.
Highest and lowest oil and gas rig count worldwide since 1975
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Statistics on Oil rigs worldwide
Overview
2
Infrastructure
5
- Premium Statistic Number of global oil rigs 1975-2021
- Basic Statistic Maximum and minimum global oil and gas rig count
- Premium Statistic Global number of onshore and offshore oil rigs 2010-2021
- Premium Statistic Number of oil and gas rigs by world region October 2022
- Basic Statistic Deepest oil and natural gas wells worldwide 2019
Offshore
8
- Premium Statistic Global offshore rig count by contract type 2021-2023
- Premium Statistic Offshore rig count in the Middle East by contract type 2021-2023
- Premium Statistic Offshore rig count in Northwest Europe by contract type 2021-2023
- Premium Statistic Offshore rig count in South America by contract type 2021-2023
- Premium Statistic Offshore rig count in Southeast Asia by contract type 2021-2023
- Premium Statistic Offshore rig count in the Gulf of Mexico by contract type 2021-2023
- Premium Statistic Offshore rig count in West Africa by contract type 2021-2023
- Premium Statistic Global offshore rig utilization rate by region 2021-2022
Companies
5
- Premium Statistic Select global oil equipment service companies' net income 2022
- Premium Statistic Employment figures of select global oil equipment and services companies 2022
- Basic Statistic Revenue of selected land drilling energy services and equipment companies 2018-2021
- Premium Statistic Selected offshore drilling companies by revenue 2018-2021
- Premium Statistic Global offshore rig implied steel value by company 2021
Further related statistics
16
- Maximum and minimum U.S. and Canadian oil and gas rig counts 1940-2019
- Response of employment from oil and gas rig decline in select U.S. states 2015-2016
- Long run oil gas rig job loss as share of total employment in U.S. states 2015
- Change in oil and gas rig count in selected U.S. states 2015-2016
- Total global deepwater exploration wells drilled worldwide 2010-2016
- Number of land wells per oil and gas rig in the U.S. quarterly 2012-2014
- Global oil and gas equipment market 2002-2020
- Distribution of capex on deepwater oil and gas projects worldwide by region 2010-2019
- Number of drilling rigs in Mexico 2016-2022
- Global jackup rig utilization rate forecast 2018-2023
- Global jackup rig supply forecast 2018-2023
- Real GDP contribution of oil and gas and associated manufacturing in Canada 2010-2020
- Number of active oil rigs in Argentina 2012-2021
- Revenue of Petronas Malaysia 2013-2021
- Industry revenue of “activities for petroleum and natural gas extraction“ in Greece 2012-2025
- Profit after tax of Petronas Malaysia 2013-2021
Further Content: You might find this interesting as well
Statistics
- Maximum and minimum U.S. and Canadian oil and gas rig counts 1940-2019
- Response of employment from oil and gas rig decline in select U.S. states 2015-2016
- Long run oil gas rig job loss as share of total employment in U.S. states 2015
- Change in oil and gas rig count in selected U.S. states 2015-2016
- Total global deepwater exploration wells drilled worldwide 2010-2016
- Number of land wells per oil and gas rig in the U.S. quarterly 2012-2014
- Global oil and gas equipment market 2002-2020
- Distribution of capex on deepwater oil and gas projects worldwide by region 2010-2019
- Number of drilling rigs in Mexico 2016-2022
- Global jackup rig utilization rate forecast 2018-2023
- Global jackup rig supply forecast 2018-2023
- Real GDP contribution of oil and gas and associated manufacturing in Canada 2010-2020
- Number of active oil rigs in Argentina 2012-2021
- Revenue of Petronas Malaysia 2013-2021
- Industry revenue of “activities for petroleum and natural gas extraction“ in Greece 2012-2...
- Profit after tax of Petronas Malaysia 2013-2021
Topics

Baker Hughes. (March 31, 2021). Highest and lowest oil and gas rig count worldwide since 1975 [Graph]. In Statista. Retrieved April 02, 2023, from https://www.statista.com/statistics/718500/global-oil-and-gas-rig-maximum-and-minimum-count/
Baker Hughes. "Highest and lowest oil and gas rig count worldwide since 1975." Chart. March 31, 2021. Statista. Accessed April 02, 2023. https://www.statista.com/statistics/718500/global-oil-and-gas-rig-maximum-and-minimum-count/
Baker Hughes. (2021). Highest and lowest oil and gas rig count worldwide since 1975. Statista. Statista Inc.. Accessed: April 02, 2023. https://www.statista.com/statistics/718500/global-oil-and-gas-rig-maximum-and-minimum-count/
Baker Hughes. "Highest and Lowest Oil and Gas Rig Count Worldwide since 1975." Statista, Statista Inc., 31 Mar 2021, https://www.statista.com/statistics/718500/global-oil-and-gas-rig-maximum-and-minimum-count/
Baker Hughes, Highest and lowest oil and gas rig count worldwide since 1975 Statista, https://www.statista.com/statistics/718500/global-oil-and-gas-rig-maximum-and-minimum-count/ (last visited April 02, 2023)
Highest and lowest oil and gas rig count worldwide since 1975 [Graph], Baker Hughes, March 31, 2021. [Online]. Available: https://www.statista.com/statistics/718500/global-oil-and-gas-rig-maximum-and-minimum-count/