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Canada sees major spike in weekly rig count numbers

oil worker on a drill rig

Baker Hughes has released their latest rig report, which saw little to no movement in the American market while Canada had its biggest jump in months.

The U.S. rig count is down 1 from last week to 456 with oil rigs unchanged at 359, gas rigs down 1 to 97, and miscellaneous rigs unchanged at 0. Overall, the U.S. rig count is up 172 rigs from last year's count of 284, with oil rigs up 153 gas rigs up 21 and miscellaneous rigs down 2.

The U.S. offshore rig count is down 1 to 13, unchanged year-over-year.

In Canada, the rig count is up 15 from last week to 77, with oil rigs up 15 to 43, gas rigs unchanged at 34. Overall, the Canadian rig count is up 56 rigs from last year's count of 21, with oil rigs up 36, gas rigs up 20.
 
Additional information on the Baker Hughes Rig Count is available on our rig count website at http://bakerhughes.com/rig-count.

Company info

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

Website:
bakerhughes.com

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