Weekly Rig Counts from Baker Hughes

Source: press release, 1 November 2019

photo: Baker Hughes
photo: Baker Hughes

Baker Hughes has posted its Weekly Rig Count reports.

US Rig Count is down 8 rigs from last week to 822, with oil rigs down 5 to 691, gas rigs down 3 to 130, and miscellaneous rigs unchanged at 1.

US Rig Count is down 245 rigs from last year’s count of 1,067, with oil rigs down 183, gas rigs down 63, and miscellaneous rigs up 1 to 1.

The US Offshore Rig Count is up 1 to 22 and up 4 rigs year-over-year.

Canada Rig Count is down 5 rigs from last week to 142, with oil rigs down 9 to 93 and gas rigs up 4 to 49.

Canada Rig Count is down 56 rigs from last year’s count of 198, with oil rigs down 28 and gas rigs down 28.

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