North America added three rigs week on week, based on Baker Hughes’ newest North America rotary rig rely, which was launched on August 15.
Though the entire U.S. rig rely remained unchanged week on week, Canada added three rigs throughout the identical interval, taking the entire North America rig rely as much as 722, comprising 539 rigs from the U.S. and 183 rigs from Canada, the rely outlined.
Of the entire U.S. rig rely of 539, 524 rigs are categorized as land rigs, 13 are categorized as offshore rigs, and two are categorized as inland water rigs. The overall U.S. rig rely is made up of 412 oil rigs, 122 fuel rigs, and 5 miscellaneous rigs, based on Baker Hughes’ rely, which revealed that the U.S. complete includes 471 horizontal rigs, 55 directional rigs, and 13 vertical rigs.
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Week on week, the U.S. offshore, inland water, and land rig counts all remained unchanged, Baker Hughes highlighted. The U.S. fuel rig rely dropped by one, its oil rig rely elevated by one, and its miscellaneous rig rely remained unchanged, week on week, the rely confirmed. The U.S. directional rig rely elevated by one, its vertical rig rely decreased by one, and its horizontal rig rely remained unchanged week on week, the rely revealed.
A significant state variances subcategory included within the rig rely confirmed that, week on week, Texas and Wyoming every dropped one rig and Louisiana added two rigs. A significant basin variances subcategory included in Baker Hughes’ rig rely confirmed that, week on week, the Permian, Haynesville, and Mississippian basins every dropped one rig, and the Eagle Ford basin added one rig.
Canada’s complete rig rely of 183 is made up of 126 oil rigs and 57 fuel rigs, Baker Hughes identified. Week on week, the nation’s oil rig rely elevated by 4, its fuel rig rely remained unchanged, and its miscellaneous rig rely dropped by one, the rely revealed.
The overall North America rig rely is down by 81 rigs in comparison with yr in the past ranges, based on Baker Hughes’ rely, which confirmed that the U.S. has reduce 47 rigs and Canada has reduce 34 rigs, yr on yr. The U.S. has dropped 71 oil rigs and added 24 fuel rigs, whereas Canada has dropped 25 oil rigs and 9 fuel rigs, yr on yr, the rely outlined.
In its earlier rig rely, which was launched on August 8, Baker Hughes revealed that North America added two rigs week on week. Though the U.S. dropped one rig week on week, Canada added three rigs throughout the identical interval, that rely outlined.
In a report despatched to Rigzone by the Commonplace Chartered workforce on August 12, Commonplace Chartered Financial institution analysts stated, referring to Baker Hughes’ August 8 rig rely, “the U.S. oil rig rely elevated week on week for the primary time since late April (based on Baker-Hughes), including one rig to complete 411”.
“Exercise lowered most importantly within the Permian Basin, with the Delaware Basin rely falling by three. Oklahoma exercise elevated, with SCOOP and Granite Wash each including two every,” the analysts added.
Baker Hughes’ August 1 rig rely confirmed that North America dropped seven rigs week on week. Its July 25 rig rely revealed that North America added eight rigs week on week, its July 18 rely confirmed that North America added 17 rigs week on week, its July 11 rig rely confirmed that North America added 9 rigs week on week, and its July 3 rely highlighted that North America added three rigs week on week.
In its June 27 rig rely, Baker Hughes revealed that North America dropped six rigs week on week. The corporate’s June 20 rig rely confirmed that the entire North America rig rely remained unchanged week on week, its June 13 rig rely confirmed that North America added 20 rigs week on week, and its June 6 rig rely confirmed that North America reduce two rigs week on week.
Baker Hughes’ Might 30 rig rely revealed that North America dropped 5 rigs week on week, its Might 23 rely confirmed that North America dropped 17 rigs week on week, and its Might 16 rig rely confirmed that North America added 5 rigs week on week. The corporate’s Might 9 rig rely revealed that North America reduce 12 rigs week on week, its Might 2 rely revealed that North America dropped 11 rigs week on week, and its April 25 rely confirmed that North America dropped 4 rigs week on week.
Baker Hughes’ April 17 rely confirmed that North America dropped two rigs week on week, its April 11 rig rely revealed that North America reduce 22 rigs week on week, the corporate’s April 4 rig rely confirmed that North America reduce 12 rigs week on week, its March 28 rely revealed that North America reduce 18 rigs week on week, and its March 21 rig rely additionally revealed that North America reduce 18 rigs week on week. Baker Hughes’ March 14 rely confirmed that North America dropped 35 rigs week on week and its March 7 rig rely revealed North America reduce 15 rigs week on week.
In its February 28 rig rely, Baker Hughes confirmed that North America added 5 rigs week on week. Its February 21 rely revealed that North America added three rigs week on week, its February 14 rig rely confirmed that North America dropped two rigs week on week, and its January 31 rig rely confirmed that North America added 19 rigs week on week.
The corporate’s January 24 rig rely revealed that North America added 12 rigs week on week, its January 17 rely confirmed that North America added 9 rigs week on week, and its January 10 rig rely outlined that North America added 117 rigs week on week.
Baker Hughes’ January 3 rig rely revealed that North America dropped one rig week on week and its December 27 rig rely confirmed that North America dropped 71 rigs week on week.
Baker Hughes, which has issued rotary rig counts since 1944, describes the figures as an essential enterprise barometer for the drilling trade and its suppliers. The corporate notes that working rig location data is offered partially by Enverus.
To contact the writer, e-mail andreas.exarheas@rigzone.com
