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Pipeline Pulse > Oil > North America Continues Rig Addition Streak
Oil

North America Continues Rig Addition Streak

Editorial Team
Last updated: 2025/07/21 at 4:15 PM
Editorial Team 6 months ago
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North America Continues Rig Addition Streak
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North America added 17 rigs week on week, in keeping with Baker Hughes’ newest North America rotary rig rely, which was launched on July 18.

The U.S. added seven rigs and Canada added 10 rigs week on week, taking the entire North America rig rely as much as 716, comprising 544 rigs from the U.S. and 172 rigs from Canada, the rely outlined.

Of the entire U.S. rig rely of 544, 529 rigs are categorized as land rigs, 13 are categorized as offshore rigs, and two are categorized as inland water rigs. The full U.S. rig rely is made up of 422 oil rigs, 117 fuel rigs, and 5 miscellaneous rigs, in keeping with Baker Hughes’ rely, which revealed that the U.S. complete contains 485 horizontal rigs, 44 directional rigs, and 15 vertical rigs.

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Week on week, the U.S. land rig rely elevated by seven, whereas the nation’s offshore rig rely and inland water rig rely remained unchanged, the rely highlighted. The nation’s fuel rig rely elevated by 9, its oil rig rely dropped by two, and its miscellaneous rig rely remained the identical, week on week, the rely confirmed. The U.S. horizontal rig rely rose by seven, its directional rig rely elevated by one, and its vertical rig rely dropped by one, week on week, the rely revealed.

A serious state variances subcategory included within the rig rely confirmed that, week on week, New Mexico added 4 rigs, Louisiana added two rigs, Colorado and Utah every added one rig, and Texas dropped two rigs. A serious basin variances subcategory included in Baker Hughes’ rig rely confirmed that, week on week, the Haynesville basin added three rigs and the Permian basin dropped two rigs.

Canada’s complete rig rely of 172 is made up of 120 oil rigs and 52 fuel rigs, Baker Hughes identified. The nation’s oil rig rely elevated by eight week on week and its fuel rig rely rose by two in the course of the interval, the rely revealed.

The full North America rig rely is down by 67 rigs in comparison with 12 months in the past ranges, in keeping with Baker Hughes’ rely, which confirmed that the U.S. has lower 42 rigs and Canada has lower 25 rigs, 12 months on 12 months. The U.S. has dropped 55 oil rigs and one miscellaneous rig, and added 14 fuel rigs, whereas Canada has dropped 14 oil rigs, 10 fuel rigs, and one miscellaneous rig, 12 months on 12 months, the rely outlined.

In its earlier rig rely, which was launched on July 11, Baker Hughes revealed that North America added 9 rigs week on week. The U.S. dropped two rigs week on week and Canada added 11 rigs throughout the identical timeframe, that rely confirmed. Baker Hughes’ July 3 rely revealed that North America added three rigs week on week.

In its June 27 rig rely, Baker Hughes revealed that North America dropped six rigs week on week. The corporate’s June 20 rig rely confirmed that the entire North America rig rely remained unchanged week on week, its June 13 rig rely confirmed that North America added 20 rigs week on week, and its June 6 rig rely confirmed that North America lower two rigs week on week.

Baker Hughes’ Might 30 rig rely revealed that North America dropped 5 rigs week on week, its Might 23 rely confirmed that North America dropped 17 rigs week on week, and its Might 16 rig rely confirmed that North America added 5 rigs week on week. The corporate’s Might 9 rig rely revealed that North America lower 12 rigs week on week, its Might 2 rely revealed that North America dropped 11 rigs week on week, and its April 25 rely confirmed that North America dropped 4 rigs week on week.

Baker Hughes’ April 17 rely confirmed that North America dropped two rigs week on week, its April 11 rig rely revealed that North America lower 22 rigs week on week, the corporate’s April 4 rig rely confirmed that North America lower 12 rigs week on week, its March 28 rely revealed that North America lower 18 rigs week on week, and its March 21 rig rely additionally revealed that North America lower 18 rigs week on week. Baker Hughes’ March 14 rely confirmed that North America dropped 35 rigs week on week and its March 7 rig rely revealed North America lower 15 rigs week on week.

In its February 28 rig rely, Baker Hughes confirmed that North America added 5 rigs week on week. Its February 21 rely revealed that North America added three rigs week on week, its February 14 rig rely confirmed that North America dropped two rigs week on week, and its January 31 rig rely confirmed that North America added 19 rigs week on week.

The corporate’s January 24 rig rely revealed that North America added 12 rigs week on week, its January 17 rely confirmed that North America added 9 rigs week on week, and its January 10 rig rely outlined that North America added 117 rigs week on week.

Baker Hughes’ January 3 rig rely revealed that North America dropped one rig week on week and its December 27 rig rely confirmed that North America dropped 71 rigs week on week.

Baker Hughes, which has issued rotary rig counts since 1944, describes the figures as an vital enterprise barometer for the drilling business and its suppliers. The corporate notes that working rig location data is offered partially by Enverus.

To contact the creator, e mail andreas.exarheas@rigzone.com





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Editorial Team July 21, 2025
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