Weekly Rig Counts from Baker Hughes

Source: press release, 25 October 2019

photo: Baker Hughes
photo: Baker Hughes

Baker Hughes has posted its Weekly Rig Count reports. Baker Hughes Rig Count: US -21 to 830 rigs

US Rig Count is down 21 rigs from last week to 830, with oil rigs down 17 to 696, gas rigs down 4 to 133, and miscellaneous rigs unchanged at 1.

US Rig Count is down 238 rigs from last year’s count of 1,068, with oil rigs down 179, gas rigs down 60, and miscellaneous rigs up 1 to 1.

The US Offshore Rig Count is down 1 to 21 and up 2 rigs year-over-year.

Canada Rig Count is up 4 rigs from last week to 147, with oil rigs up 4 to 102 and gas rigs unchanged at 45.

Canada Rig Count is down 53 rigs from last year’s count of 200, with oil rigs down 22 and gas rigs down 31.

Additional information on the Baker Hughes Rig Count is available at http://bakerhughes.com/rig-count.