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U.S. sees big spike in rig counts; Canada stays status quo

U.S. sees big spike in rig counts; Canada stays status quo

Baker Hughes has released rig count numbers for the week ending on October 16, with the U.S. industry seeing continued growth in its rig count, while Canada remained unchanged.

The U.S. rig count is up 13 from last week to 282 with oil rigs up 12 to 205, gas rigs up 1 to 74, and miscellaneous rigs unchanged at 3.

The U.S. rig count is down 569 rigs from last year's count of 851, with oil rigs down 508, gas rigs down 63 and miscellaneous rigs up 2.

The U.S. offshore rig count is unchanged at 14 down 8 year-over-year.

In Canada, the rig count is unchanged from last week at 80, with oil rigs up 1 to 40, gas rigs down 1 to 40.

The Canada rig count is down 63 rigs from last year's count of 143, with oil rigs down 58, gas rigs down 5.

Company info

2929 Allen Parkway, Suite 2100
Houston, TX
US, 77019-2118

Website:
bakerhughes.com

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