Canadian drillers back to work, pull ahead of 2019 to start year
The Baker Hughes Rig Count for the week ending January 10, 2020 shows that the U.S. Rig Count is down 15 rigs from last week to 781, with oil rigs down 11 to 659, gas rigs down 4 to 119, and miscellaneous rigs unchanged at 3.
U.S. Rig Count is down 294 rigs from last year's count of 1,075, with oil rigs down 214, gas rigs down 83, and miscellaneous rigs up 3 to 3.
The U.S. Offshore Rig Count is down 1 to 21 unchanged year-over-year.
Baker Hughes Rig Count: Canada +118 rigs to 203 rigs
Canada Rig Count is up 118 rigs from last week to 203, with oil rigs up 93 to 120 and gas rigs up 25 to 83.
Canada Rig Count is up 19 rigs from last year's count of 184, with oil rigs up 17 and gas rigs up 2.
Additional information on the Baker Hughes Rig Count is available on the rig count website at http://bakerhughes.com/rig-count.
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Industries such as construction, mining, energy, utilities and forestry, face many challenges when it comes to tracking assets and employees. Equipment often has to be transferred between locations, or monitored while it is dormant during off seasons. Lone workers may have to travel long distances or visit multiple sites during the course of their activities. And, all of this is further complicated today with shifting supply chains and economic realities putting further strain on the bottom line.