North America dropped 13 rigs week on week, in response to Baker Hughes’ newest North America rotary rig rely, which was printed on December 19.
The entire U.S. rig rely dropped by six week on week and the full Canada rig rely decreased by seven throughout the identical interval, pushing the full North America rig rely right down to 727, the rely outlined. The entire North America rig rely comprised 542 rigs from the U.S. and 185 rigs from Canada, the rely confirmed.
Of the full U.S. rig rely of 542, 524 rigs are categorized as land rigs, 15 are categorized as offshore rigs, and three are categorized as inland water rigs. The entire U.S. rig rely is made up of 406 oil rigs, 127 fuel rigs, and 9 miscellaneous rigs, in response to Baker Hughes’ rely, which revealed that the U.S. complete contains 473 horizontal rigs, 54 directional rigs, and 15 vertical rigs.
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Week on week, the U.S. land rig rely dropped by 4, its offshore rig rely dropped by two, and its inland water rig rely remained unchanged, Baker Hughes highlighted. The U.S. oil rig rely decreased by eight week on week, its fuel rig rely remained unchanged week on week, and its miscellaneous rig rely elevated by two week on week, the rely confirmed. The U.S. horizontal rig rely dropped by 5, its vertical rig rely dropped by one, and its directional rig rely remained unchanged, week on week, the rely revealed.
A serious state variances subcategory included within the rig rely confirmed that, week on week, Louisiana dropped 5 rigs, New Mexico dropped two rigs, Colorado and Utah every dropped one rig, Texas added two rigs, and Oklahoma added one rig.
A serious basin variances subcategory included within the rig rely confirmed that, week on week, the Permian and Haynesville basins every dropped three rigs, the Barnett and DJ-Niobrara basins every dropped one rig, and the Granite Wash basin added one rig.
Canada’s complete rig rely of 185 is made up of 119 oil rigs and 66 fuel rigs, Baker Hughes identified. Week on week, the nation’s oil rig rely dropped by 4, its fuel rig rely decreased by three, and its miscellaneous rig rely remained unchanged, the rely revealed.
The entire North America rig rely is down 28 rigs in comparison with 12 months in the past ranges, in response to Baker Hughes’ rely, which confirmed that the U.S. has lower 47 rigs and Canada has added 19 rigs, 12 months on 12 months. The U.S. has dropped 77 oil rigs and added 25 fuel rigs and 5 miscellaneous rigs, whereas Canada has added 10 fuel rigs and 9 oil rigs, 12 months on 12 months, the rely outlined.
In its earlier rig rely, which was printed on December 12, Baker Hughes confirmed that North America’s rig rely remained unchanged week on week. The entire U.S. rig rely dropped by one week on week and the full Canada rig rely rose by one throughout the identical interval, that rely confirmed.
Baker Hughes’ December 5 rig rely confirmed that North America added eight rigs week on week, its November 26 rig rely revealed that North America dropped 17 rigs week on week, and its November 21 rig rely confirmed that North America added 12 rigs week on week.
In line with month-to-month rig rely abstract figures in Baker Hughes’ newest rely, the North America rig rely stood at 736 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 workforce, outlined that the North America rig rely 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 rely 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 rely 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 website 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 website, the corporate describes the figures as “an vital enterprise barometer for the drilling business and its suppliers”. The corporate notes on its website that working rig location info is offered partly by Enverus.
To contact the writer, e mail andreas.exarheas@rigzone.com
