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Pipeline Pulse > Oil > North America Drops 21 Rigs Week on Week
Oil

North America Drops 21 Rigs Week on Week

Editorial Team
Last updated: 2026/03/24 at 5:28 PM
Editorial Team 3 hours ago
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North America Drops 21 Rigs Week on Week
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North America dropped 21 rigs week on week, in accordance with Baker Hughes’ newest North America rotary rig depend, which was printed on March 20.

The entire U.S. rig depend decreased by one week on week and the full Canada rig depend dropped by 20 throughout the identical interval, pushing the full North America rig depend right down to 729, comprising 552 rigs from the U.S. and 177 rigs from Canada, the depend outlined.

Of the full U.S. rig depend of 552, 538 rigs are categorized as land rigs, 12 are categorized as offshore rigs, and two are categorized as an inland water rigs. The entire U.S. rig depend is made up of 414 oil rigs, 131 fuel rigs, and 7 miscellaneous rigs, in accordance with Baker Hughes’ depend, which revealed that the U.S. complete includes 487 horizontal rigs, 53 directional rigs, and 10 vertical rigs.

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Week on week, the U.S. land rig depend dropped by one, and its inland water and offshore rig counts remained unchanged, Baker Hughes highlighted. The U.S. oil rig depend rose by two week on week, its fuel rig depend dropped by two, and the U.S. miscellaneous rig depend dropped by one week on week, the depend confirmed. The U.S. horizontal rig depend rose by two week on week, its vertical rig depend dropped by two week on week, and the nation’s directional rig depend dropped by one week on week, the depend revealed.

A significant state variances subcategory included within the rig depend confirmed that, week on week, North Dakota added three rigs, Oklahoma added two rigs, New Mexico added one rig, Utah, Colorado, and Wyoming every dropped two rigs, and Texas dropped one rig.

A significant basin variances subcategory included within the rig depend confirmed that, week on week, the Williston basin added three rigs, the Permian and Cana Woodford basins every added two rigs, the Granite Wash basin added one rig, the Ardmore Woodford basin dropped two rigs, and the DJ-Niobrara and Eagle Ford basins every dropped one rig.

Canada’s complete rig depend of 177 is made up of 114 oil rigs and 63 fuel rigs, Baker Hughes identified. Week on week, the nation’s oil rig depend decreased by 17, its fuel rig depend dropped by two, and its miscellaneous rig depend dropped by one, the depend revealed.


Commercial – Scroll to proceed

The entire North America rig depend is down 44 rigs in comparison with 12 months in the past ranges, in accordance with Baker Hughes’ depend, which confirmed that the U.S. has minimize 41 rigs and Canada has minimize three rigs, 12 months on 12 months. The U.S. has dropped 72 oil rigs and added 29 fuel rigs and two miscellaneous rigs, whereas Canada has dropped 4 oil rigs and one miscellaneous rig, and added two fuel rigs, 12 months on 12 months, the depend outlined.

In its earlier rig depend, which was printed on March 13, Baker Hughes confirmed that North America dropped six rigs week on week. The entire U.S. rig depend elevated by two week on week and the full Canada rig depend dropped by eight throughout the identical interval, that depend revealed.

Baker Hughes’ March 6 depend confirmed that North America dropped eight rigs week on week, its February 27 rig depend confirmed that North America dropped 11 rigs week on week, and its February 20 rig depend confirmed that North America added two rigs week on week.

In response to month-to-month rig depend abstract figures in Baker Hughes’ newest depend, the North America rig depend stood at 745 in March 2026, 773 in February 2026, 742 in January 2026, and 718 in December 2025. The most recent depend outlined that the North America rig depend stood at 739 in November 2025, 741 in October 2025, 728 in September 2025, 717 in August 2025, 707 in July 2025, 687 in June 2025, 690 in Could 2025, 725 in April 2025, 786 in March 2025, 836 in February 2025, and 791 in January 2025.

Archived Baker Hughes knowledge, which Rigzone was directed to by the Baker Hughes group, 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 business 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 essential enterprise barometer for the drilling business and its suppliers”. The corporate notes on its web site that working rig location info is offered partly by Enverus.

To contact the writer, electronic mail andreas.exarheas@rigzone.com





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Editorial Team March 24, 2026
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