North America dropped 17 rigs week on week, in accordance with Baker Hughes’ newest North America rotary rig depend, which was printed on November 26.
The overall U.S. rig depend dropped by 10 week on week and the whole Canada rig depend decreased by seven throughout the identical interval, taking the whole North America rig depend all the way down to 732, comprising 544 rigs from the U.S. and 188 rigs from Canada, the depend outlined.
Of the whole U.S. rig depend of 544, 524 rigs are categorized as land rigs, 18 are categorized as offshore rigs, and two are categorized as inland water rigs. The overall U.S. rig depend is made up of 407 oil rigs, 130 fuel rigs, and 7 miscellaneous rigs, in accordance with Baker Hughes’ depend, which revealed that the U.S. whole includes 475 horizontal rigs, 58 directional rigs, and 11 vertical rigs.
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Week on week, the U.S. land rig depend dropped by 9, its offshore rig depend dropped by one, and its inland water rig depend remained unchanged, Baker Hughes highlighted. The U.S. oil rig depend dropped by 12 week on week, its fuel rig depend elevated by three week on week, and its miscellaneous rig depend dropped by one week on week, the depend confirmed. The U.S. horizontal rig depend dropped by six, its directional rig depend dropped by three, and its vertical 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, Texas dropped eight rigs and Louisiana and Oklahoma every dropped one rig. A significant basin variances subcategory included in Baker Hughes’ rig depend confirmed that, week on week, the Permian basin dropped three rigs, the Granite Wash and Eagle Ford basins every dropped two rigs, and the Cana Woodford basin added one rig.
Canada’s whole rig depend of 188 is made up of 121 oil rigs and 67 fuel rigs, Baker Hughes identified. Week on week, the nation’s oil rig depend dropped by seven and its fuel and miscellaneous rig counts remained unchanged, the depend revealed.
The overall North America rig depend is down 55 rigs in comparison with yr in the past ranges, in accordance with Baker Hughes’ depend, which confirmed that the U.S. has minimize 38 rigs and Canada has minimize 17 rigs, yr on yr. The U.S. has dropped 70 oil rigs and added 30 fuel rigs and two miscellaneous rigs, whereas Canada has dropped 13 oil rigs, three fuel rigs, and one miscellaneous rig, yr on yr, the depend outlined.
In its earlier rig depend, which was launched on November 21, Baker Hughes revealed that North America added 12 rigs week on week. The overall U.S. rig depend elevated by 5 week on week and the whole Canada rig depend rose by seven throughout the identical interval, that depend confirmed.
Baker Hughes’ 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 line with month-to-month rig depend abstract figures in Baker Hughes’ newest depend, the North America rig depend stood at 741 in October, 728 in September, 717 in August, 707 in July, 687 in June, 690 in Might, 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 789 in November 2024, 804 in October, September and August 2024, 779 in July 2024, 750 in June 2024, 722 in Might 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 816 in November, 814 in October, 819 in September, 836 in August, 858 in July, 832 in June, 817 in Might, 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 405 in November, 361 in October, 316 in September, 303 in August, 288 in July, 292 in June, 371 in Might, 598 in April, 904 in March, 1,039 in February, and 996 in January.
Baker Hughes states on its website that it has issued rig counts as a service to the petroleum business since 1944, when Baker Hughes Instrument Firm started weekly counts of U.S. and Canadian drilling exercise. On its website, the corporate describes the figures as “an essential enterprise barometer for the drilling business and its suppliers”. The corporate notes on its website that working rig location info is supplied partly by Enverus.
To contact the creator, e mail andreas.exarheas@rigzone.com
