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Industry News » North America Rig Count Shoots Up

  Baker Hughes’ North America rotary rig count shot up by 17 rigs week on week, according to the company’s latest figures, which were updated on August 13.

  The total North America rotary rig count now stands at 664, compared to 647 a week ago. The U.S. rotary rig count is currently at 500, comprising 484 land rigs, 14 offshore rigs and two inland water rigs, Baker Hughes’ rig count shows. This marks an increase of eight land rigs and one inland water rig week on week. Canada registered 164 rigs, which marks an increase of eight rigs week on week.

  According to Baker Hughes’ data, the number of oil rigs in the U.S. is now at 397 and the number of gas rigs is at 102. Just one miscellaneous rig is present in the U.S, Baker Hughes’ figures show. Of Canada’s current 164 rigs, 100 are oil rigs, 63 are gas rigs and the remaining one rig is classified as miscellaneous.

  Baker Hughes, which has issued the rotary rig counts to the petroleum industry since 1944, describes the figures as an important business barometer for the drilling industry and its suppliers.

    

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