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Pipeline Pulse > Oil > North America Drops 8 Rigs WoW
Oil

North America Drops 8 Rigs WoW

Editorial Team
Last updated: 2026/03/11 at 6:21 PM
Editorial Team 3 hours ago
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North America dropped eight rigs week on week, in accordance with Baker Hughes’ newest North America rotary rig depend, which was revealed on March 6.

The whole U.S. rig depend elevated by one week on week and the entire Canada rig depend dropped by 9 throughout the identical interval, pushing the entire North America rig depend right down to 756, comprising 551 rigs from the U.S. and 205 rigs from Canada, the depend outlined.

Of the entire U.S. rig depend of 551, 532 rigs are categorized as land rigs, 18 are categorized as offshore rigs, and one is categorized as an inland water rig. The whole U.S. rig depend is made up of 411 oil rigs, 132 gasoline rigs, and eight miscellaneous rigs, in accordance with Baker Hughes’ depend, which revealed that the U.S. whole includes 485 horizontal rigs, 50 directional rigs, and 13 vertical rigs.

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Week on week, the U.S. land and offshore rig counts every rose by one, and the nation’s inland water rig depend dropped by one, Baker Hughes highlighted. The U.S. oil rig depend rose by 4 week on week, whereas its gasoline rig depend dropped by two and its miscellaneous rig depend dropped by one, the depend confirmed. The U.S. directional rig depend dropped by 5 week on week, its horizontal rig depend rose by two week on week, and the nation’s vertical rig depend rose by one week on week, the depend revealed.

A serious state variances subcategory included within the rig depend confirmed that, week on week, Texas added six rigs, West Virginia added one rig, Ohio and New Mexico every dropped two rigs, and Louisiana and North Dakota every dropped one rig.

A serious basin variances subcategory included within the rig depend confirmed that, week on week, the Eagle Ford basin added three rigs, the Haynesville, Marcellus, and Permian basins every added one rig, the Utica basin dropped two rigs, and the Williston basin dropped one rig.

Canada’s whole rig depend of 205 is made up of 139 oil rigs, 65 gasoline rigs, and one miscellaneous rig, Baker Hughes identified. Week on week, the nation’s oil rig depend decreased by six, its gasoline rig depend dropped by 4, and its miscellaneous rig depend rose by one, the depend revealed.


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The whole North America rig depend is down 70 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 29 rigs, 12 months on 12 months. The U.S. has dropped 75 oil rigs and added 31 gasoline rigs and three miscellaneous rigs, whereas Canada has dropped 31 oil rigs and added one gasoline rig and one miscellaneous rig, 12 months on 12 months, the depend outlined.

In its earlier depend, which was revealed on February 27, Baker Hughes confirmed that North America dropped 11 rigs week on week. The whole U.S. rig depend dropped by one week on week and the entire Canada rig depend decreased by 10 throughout the identical interval, that depend confirmed.

Baker Hughes’ February 20 rig depend confirmed that North America added two rigs week on week, its February 13 rig depend confirmed that North America dropped six rigs week on week, its February 6 depend revealed that North America added one rig week on week, and its January 30 rig depend confirmed that North America added three 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 756 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 Might 2025, 725 in April 2025, 786 in March 2025, 836 in February 2025, and 791 in January 2025.

Archived Baker Hughes information, which Rigzone was directed to by the Baker Hughes workforce, 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 Might 2024, 748 in April 2024, 822 in March 2024, 855 in February 2024, and 818 in January 2024.

This information 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 Might, 861 in April, 948 in March, 1,006 in February, and 998 in January. 

Going additional again, this information 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 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 trade 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 necessary enterprise barometer for the drilling trade and its suppliers”. The corporate notes on its website that working rig location info is supplied partly by Enverus.

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





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Editorial Team March 11, 2026
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