North America added six rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was published on January 23.
The total U.S. rig count rose by one week on week and the total Canada rig count increased by five during the same period, pushing the total North America rig count up to 775, comprising 544 rigs from the U.S. and 231 rigs from Canada, the count outlined.
Of the total U.S. rig count of 544, 526 rigs are categorized as land rigs, 15 are categorized as offshore rigs, and three are categorized as inland water rigs. The total U.S. rig count is made up of 411 oil rigs, 122 gas rigs, and 11 miscellaneous rigs, according to Baker Hughes’ count, which revealed that the U.S. total comprises 476 horizontal rigs, 55 directional rigs, and 13 vertical rigs.
Week on week, the U.S. land rig count rose by two, its offshore rig count dropped by one, and its inland water rig count remained unchanged, Baker Hughes highlighted. The U.S. oil rig count rose by one week on week, while its gas and miscellaneous rig counts remained unchanged week on week, the count showed. The U.S. horizontal and vertical rig counts each increased by one week on week, and the country’s directional rig count dropped by one during the same period, the count revealed.
A major state variances subcategory included in the rig count showed that, week on week, Louisiana dropped two rigs, Utah dropped one rig, Colorado added two rigs, and Wyoming and Texas each added one rig. A major basin variances subcategory included in the rig count showed that, week on week, the DJ-Niobrara basin added two rigs.
Canada’s total rig count of 231 is made up of 158 oil rigs and 73 gas rigs, Baker Hughes pointed out. Week on week, the country’s oil rig count increased by eight, its gas rig count dropped by three, and its miscellaneous rig count remained unchanged, the count revealed.
The total North America rig count is down 46 rigs compared to year ago levels, according to Baker Hughes’ count, which showed that the U.S. has cut 32 rigs and Canada has cut 14 rigs, year on year. The U.S. has dropped 61 oil rigs and added 23 gas rigs and six miscellaneous rigs, while Canada has dropped 16 oil rigs and added two gas rigs, year on year, the count outlined.
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