Weekly Rig Counts from Baker Hughes

Source: press release, 14 February 2020

photo: Baker Hughes
photo: Baker Hughes

Baker Hughes has posted its Weekly Rig Count reports.

US Rig Count is unchanged from last week at 790, with oil rigs up 2 to 678, gas rigs down 1 to 110, and miscellaneous rigs down 1 to 2.

US Rig Count is down 261 rigs from last year’s count of 1,051, with oil rigs down 179, gas rigs down 84, and miscellaneous rigs up 2 to 2.

The US Offshore Rig Count is unchanged at 23 and up 2 rigs year-over-year.

Canada Rig Count is down 2 rigs from last week to 255, with oil rigs up 5 to 172 and gas rigs down 7 to 83.

Canada Rig Count is up 31 rigs from last year’s count of 224, with oil rigs up 20 and gas rigs up 11.

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