The lowest international oil and gas rig count that was recorded since 1975 was in October 2020, at 1,016 rigs. This was due to the coronavirus pandemic and its adverse impacts on the oil and gas industry. Meanwhile, a peak in the number of active oil and gas rigs was recorded in the early 1980s, at 6,227 rigs.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how ÌÇÐÄÆƽâ°æ can support your business.
Baker Hughes. (April 5, 2024). Highest and lowest oil and gas rig count worldwide since 1975 [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 25, 2026, from /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. April 5, 2024. ÌÇÐÄÆƽâ°æ. Accessed July 25, 2026. /statistics/718500/global-oil-and-gas-rig-maximum-and-minimum-count/
Baker Hughes. (2024). Highest and lowest oil and gas rig count worldwide since 1975. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 25, 2026. /statistics/718500/global-oil-and-gas-rig-maximum-and-minimum-count/
Baker Hughes. "Highest and Lowest Oil and Gas Rig Count Worldwide since 1975." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 5 Apr 2024, /statistics/718500/global-oil-and-gas-rig-maximum-and-minimum-count/
Baker Hughes, Highest and lowest oil and gas rig count worldwide since 1975 ÌÇÐÄÆƽâ°æ, /statistics/718500/global-oil-and-gas-rig-maximum-and-minimum-count/ (last visited July 25, 2026)
Highest and lowest oil and gas rig count worldwide since 1975 [Graph], Baker Hughes, April 5, 2024. [Online]. Available: /statistics/718500/global-oil-and-gas-rig-maximum-and-minimum-count/
