Baker Hughes Rig Counts Show USA Dip and Canada Surge
Baker Hughes Co. (NYSE: BKR) on Friday reported the total number of rotary drilling rigs operating in the United States ended the week at 456, representing a one-unit decline from a week ago.
The most recent U.S. rig count reflects no change in the number of oil (359) and a one-unit drop in gas rigs (to 97), Baker Hughes stated. The service company added that, again this week, no miscellaneous rigs were operating in the U.S.
Compared to the corresponding period in 2020, the U.S. count is up 172 rigs, Baker Hughes continued. It noted that 153 more oil rigs, 21 more gas rigs, and two fewer miscellaneous rigs are running versus year-ago numbers.
The U.S. offshore rig count this week dipped by one to 13 – unchanged year-over-year, Baker Hughes stated.
Baker Hughes also noted that Canada’s overall rig count grew by 15 this week to 77. The latest total for Canada comprises 43 oil rigs (up 15) and 34 gas rigs (unchanged), the firm pointed out.
Against the total 21-rig count for a year ago, 36 more oil and 20 more gas rigs are operating in Canada.
Baker Hughes obtains it working rig location information in part from Enverus, which produces daily rig counts using GPS tracking units.
To contact the author, email mveazey@rigzone.com.
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
- Gunvor CEO Sees Russian Refining Capacity Taking Hit from Drone Strikes
- These Factors Helped Brent Oil Price Break Above $85
- Sinopec Engineering Posts Higher Annual Petrochemicals Revenue
- Imperial Pipeline in Winnipeg Goes Offline for Three Months
- Gaz System to Acquire Gas Storage Poland
- Subsea7 Secures Contract to Service Woodside's Trion
- Adnoc Inks Supply Deal for Ruwais LNG Project with Germany's SEFE
- EIA Boosts USA Crude Oil Production Forecasts
- Norway Regulator Blasts Proposal to Halt New Oil and Gas Permits
- Chinese Mega Company Makes Major Oilfield Discovery
- EIA Drops 2024 Henry Hub Gas Price Forecast
- EIA and Standard Chartered Offer Up Latest Oil Price Predictions
- Red Sea Region Sees Another Watershed Incident
- Chevron Oil Project in Kazakhstan to Cost $48.5B
- OPEC Voices Encouragement after IEA Affirms Support for Oil Security
- Biden Govt Bares Strategy for Freight Charging, Hydrogen Fueling Infra
- Rystad Looks at the Buzz Around White Hydrogen
- Ukraine Hits Third Russian Refinery In Escalating Drone Strikes
- VIDEO: Missile Attack Kills Crew Transiting Gulf of Aden
- Norway Regulator Blasts Proposal to Halt New Oil and Gas Permits
- Chinese Mega Company Makes Major Oilfield Discovery
- What Is the Biggest Risk to Offshore Oil and Gas Personnel in 2024?
- Is Peak Oil Demand Close?
- Vessel Sinks in Red Sea After Missile Strike
- JP Morgan, Standard Chartered Reveal Latest Oil Price Forecasts
- Exxon Rights in Stabroek Do Not Apply to Hess Merger with Chevron: Hess
- Rystad Forecasts Net Production of Top Permian Producers in 2024
- Analysts Reveal Latest Oil Price Outlook Following OPEC+ Cut Extension