North America added eight rigs week on week, in line with Baker Hughes’ newest North America rotary rig depend, which was revealed on December 5.
The whole U.S. rig depend elevated by 5 week on week and the entire Canada rig depend rose by three throughout the identical interval, taking the entire North America rig depend as much as 740, comprising 549 rigs from the U.S. and 191 rigs from Canada, the depend outlined.
Of the entire U.S. rig depend of 549, 527 rigs are categorized as land rigs, 19 are categorized as offshore rigs, and three are categorized as inland water rigs. The whole U.S. rig depend is made up of 413 oil rigs, 129 gasoline rigs, and 7 miscellaneous rigs, in line with Baker Hughes’ depend, which revealed that the U.S. complete includes 476 horizontal rigs, 58 directional rigs, and 15 vertical rigs.
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Week on week, the U.S. land rig depend rose by three, and its offshore and inland water rig counts every elevated by one, Baker Hughes highlighted. The U.S. oil rig depend rose by six week on week, its gasoline rig depend dropped by one by week on week, and its miscellaneous rig depend remained unchanged week on week, the depend confirmed. The U.S. horizontal rig depend rose by one, its directional rig depend remained unchanged, and its vertical rig depend elevated by 4, week on week, the depend revealed.
A serious state variances subcategory included within the rig depend confirmed that, week on week, Louisiana added 4 rigs and New Mexico added one rig. A serious basin variances subcategory included in Baker Hughes’ rig depend confirmed that, week on week, the Eagle Ford basin dropped one rig.
Canada’s complete rig depend of 191 is made up of 126 oil rigs and 65 gasoline rigs, Baker Hughes identified. Week on week, the nation’s oil rig depend rose by 5, its gasoline rig depend dropped by two, and its miscellaneous rig depend remained unchanged, the depend revealed.
The whole North America rig depend is down 43 rigs in comparison with 12 months in the past ranges, in line with Baker Hughes’ depend, which confirmed that the U.S. has lower 40 rigs and Canada has lower three rigs, 12 months on 12 months. The U.S. has dropped 69 oil rigs and added 27 gasoline rigs and two miscellaneous rigs, whereas Canada has dropped 5 gasoline rigs and added two oil rigs, 12 months on 12 months, the depend outlined.
In its earlier rig depend, which was launched on November 26, Baker Hughes revealed that North America dropped 17 rigs week on week. The whole U.S. rig depend dropped by 10 week on week and the entire Canada rig decreased by seven throughout the identical interval, that depend confirmed.
Baker Hughes’ November 21 rig depend confirmed that North America added 12 rigs week on week, its November 14 rig depend confirmed that North America dropped two rigs week on week, its November 7 rig depend revealed that North America added six rigs week on week, and its October 31 depend confirmed that North America dropped 16 rigs week on week.
In accordance with month-to-month rig depend abstract figures in Baker Hughes’ newest depend, the North America rig depend stood at 740 in December, 739 in November, 741 in October, 728 in September, 717 in August, 707 in July, 687 in June, 690 in Could, 725 in April, 786 in March, 836 in February, and 791 in January.
Archived Baker Hughes knowledge, which Rigzone was directed to by the Baker Hughes crew, outlined that the North America rig depend stood at 751 in December 2024, 789 in November 2024, 804 in October, September and August 2024, 779 in July 2024, 750 in June 2024, 722 in Could 2024, 748 in April 2024, 822 in March 2024, 855 in February 2024, and 818 in January 2024.
This knowledge outlined that, in 2023, the North America rig depend stood at 784 in December, 816 in November, 814 in October, 819 in September, 836 in August, 858 in July, 832 in June, 817 in Could, 861 in April, 948 in March, 1,006 in February, and 998 in January.
Going additional again, this knowledge outlined that, in 2020, the North America rig depend stood at 432 in December, 405 in November, 361 in October, 316 in September, 303 in August, 288 in July, 292 in June, 371 in Could, 598 in April, 904 in March, 1,039 in February, and 996 in January.
Baker Hughes states on its web site that it has issued rig counts as a service to the petroleum trade since 1944, when Baker Hughes Software Firm started weekly counts of U.S. and Canadian drilling exercise. On its web site, the corporate describes the figures as “an necessary enterprise barometer for the drilling trade and its suppliers”. The corporate notes on its web site that working rig location info is supplied partially by Enverus.
To contact the writer, e mail andreas.exarheas@rigzone.com
