North America lower 25 rigs week on week, in keeping with Baker Hughes’ newest North America rotary rig rely, which was printed on December 20.
The whole U.S. rig rely remained unchanged week on week and the whole Canada rig rely decreased by 25 throughout the identical interval, taking the whole North America rig rely right down to 755, comprising 589 rigs from the U.S. and 166 rigs from Canada, the rely outlined.
Of the whole U.S. rig rely of 589, 573 rigs are categorized as land rigs, 14 are categorized as offshore rigs, and two are categorized as inland water rigs. The whole U.S. rig rely is made up of 483 oil rigs, 102 gasoline rigs, and 4 miscellaneous rigs, in keeping with the rely, which revealed that the U.S. whole contains 527 horizontal rigs, 49 directional rigs, and 13 vertical rigs.
Week on week, the nation’s land, offshore, and inland water rig counts remained unchanged, the rely outlined. The nation’s gasoline rig rely declined by one, its oil rig rely elevated by one, and its miscellaneous rig rely remained unchanged week on week, the rely highlighted. The U.S. horizontal rig rely elevated by two week on week, whereas the nation’s directional and vertical rig counts every dropped by one throughout the identical interval, in keeping with the rely.
A serious state variances subcategory included within the rig rely confirmed that New Mexico dropped one rig and Texas added one rig week on week.
Canada’s whole rig rely of 166 contains 110 oil rigs and 56 gasoline rigs, Baker Hughes identified. The nation’s oil rig rely dropped by 10 week on week and its gasoline rig rely dropped by 15 throughout the identical timeframe, the rely confirmed.
The whole North America rig rely is down 11 in comparison with 12 months in the past ranges, in keeping with Baker Hughes, which outlined that the U.S. has pushed this decline, reducing 31 rigs through the interval whereas Canada’s rely elevated by 20. The U.S. has lower 18 gasoline rigs and 15 oil rigs, and added two miscellaneous rigs, whereas Canada has added 29 oil rigs, and dropped 9 gasoline rigs, 12 months on 12 months, the rely revealed.
In its earlier rig rely, which was printed on December 13, Baker Hughes revealed that North America misplaced three rigs week on week. Though the U.S. rig rely remained unchanged week on week, Canada dropped three rigs throughout the identical interval, that rely outlined. Baker Hughes’ December 6 rig rely revealed that North America misplaced 4 rigs week on week.
The corporate’s November 27 rely confirmed that North America’s whole rig rely elevated by three week on week and its November 22 rely revealed that North America’s whole rig rely remained unchanged week on week.
Baker Hughes’ November 15 rig rely revealed that North America dropped eight rigs week on week, its November 8 rig rely confirmed that North America dropped six rigs week on week, its November 1 rely confirmed that North America dropped three rigs week on week, and its October 25 rely revealed that North America dropped one rig week on week. The corporate’s October 18 rely revealed that North America dropped three rigs week on week and its October 11 rig rely additionally confirmed that North America dropped three rigs week on week.
Baker Hughes’ October 4 rely confirmed that North America added three rigs week on week and its September 27 rely revealed that North America added six rigs week on week.
The corporate’s September 20 rig rely confirmed that North America dropped 9 rigs week on week, its September 13 rig rely confirmed that North America added six rigs week on week, its September 6 rig rely revealed that North America dropped one rig week on week, and its August 30 rig rely additionally confirmed that North America dropped one rig week on week.
Baker Hughes’ August 23 rely revealed that North America added one rig week on week, its August 16 rely revealed that North America dropped two rigs week on week, and its August 9 rely confirmed that North America’s rig rely stayed flat week on week.
Baker Hughes’ August 2 rig rely confirmed that North America added 5 rigs week on week, its July 26 rely confirmed that North America added 17 rigs week on week, its July 19 rely revealed North America added 10 rigs week on week, and its July 12 rely confirmed that North America added 13 rigs week on week.
The corporate’s July 5 rely revealed that North America added three rigs week on week, its June 28 rely additionally confirmed that North America added three rigs week on week, its June 21 rig rely revealed that North America added 4 rigs week on week, and its June 14 rely confirmed that North America added 13 rigs week on week.
Baker Hughes’ June 7 rely revealed that North America added 9 rigs week on week, its Could 31 rely confirmed that North America added eight rigs week on week, and its Could 24 rig rely highlighted that North America added two rigs week on week.
The corporate’s Could 17 rely revealed that North America dropped one rig week on week, its Could 10 rely confirmed that North America dropped six rigs week on week, its Could 3 rely additionally confirmed that North America dropped six rigs week on week, its April 26 rely confirmed that North America dropped 15 rigs week on week, and its April 19 rely confirmed that North America lower 12 rigs week on week.
Baker Hughes’ April 12 rely revealed that North America added two rigs week on week, and its April 5 rely confirmed that North America lower 16 rigs week on week.
The corporate’s March 28 rely revealed that North America dropped 21 rigs week on week, its March 22 rely confirmed that the area lower 43 rigs week on week, its March 15 rely confirmed that the area lower 11 rigs week on week, and its March 8 rig rely confirmed that North America dropped 13 rigs week on week.
Baker Hughes’ March 1 rig rely revealed that North America added three rigs week on week, its February 23 rig rely confirmed that North America added two rigs week on week, and its February 16 rely confirmed that North America’s rig rely remained unchanged week on week.
The corporate’s February 9 rig rely revealed that North America elevated its rig rely by 4 rigs week on week, its February 2 rely confirmed that North America’s rig rely stayed flat week on week, and its January 26 rig rely confirmed that North America elevated its rig rely by eight rigs week on week.
Baker Hughes’ January 19 rely revealed that North America elevated its rig rely by 11 rigs week on week, its January 12 rig rely confirmed that North America elevated its rig rely by 86 rigs week on week, and its January 5 rig rely, which marked the corporate’s first rotary rig rely of 2024, confirmed that North America added 38 rigs week on week.
The corporate’s closing rotary rig rely of 2023 confirmed a notable week on week and 12 months on 12 months drop for North America. The area’s rig rely decreased by 58 week on week and by 155 12 months on 12 months, in keeping with that rely, which was launched on December 29.
Baker Hughes, which has issued rotary rig counts to the petroleum business since 1944, describes the figures as an essential enterprise barometer for the drilling business and its suppliers. The corporate notes that working rig location info is offered partly by Enverus.
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