North American rig counts fall again; U.S. see numbers drop to 301
Baker Hughes reported another drop in rig counts across North America this week.
U.S. rig count is down 17 rigs from last week to 301 with oil rigs down 15 to 222, gas rigs down 2 to 77, and miscellaneous rigs unchanged at 2. U.S. rig count is down 683 rigs from last year's count of 984, with oil rigs down 578, gas rigs down 107, and miscellaneous rigs up 2 to 2.
The U.S. offshore rig count is unchanged at 12 and down 11 year-over-year.
In Canada, the rig count is down 1 rig from last week to 20, with oil rigs down 1 to 7 and gas rigs unchanged at 13. Canada rig count is down 65 rigs from last year's count of 85, with oil rigs down 37 and gas rigs down 28.
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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.