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Pipeline Pulse > Oil > North America Loses Rigs for 8 Straight Weeks
Oil

North America Loses Rigs for 8 Straight Weeks

Editorial Team
Last updated: 2026/04/20 at 4:10 PM
Editorial Team 2 days ago
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North America dropped seven rigs week on week, based on Baker Hughes’ newest North America rotary rig depend, which was revealed on April 17.

The full U.S. rig depend decreased by two week on week and the overall Canada rig depend dropped by 5 throughout the identical interval, pushing the overall North America rig depend right down to 673, comprising 543 rigs from the U.S. and 130 rigs from Canada, the depend outlined.

Of the overall U.S. rig depend of 543, 529 rigs are categorized as land rigs, 12 are categorized as offshore rigs, and two are categorized as inland water rigs. The full U.S. rig depend is made up of 410 oil rigs, 125 fuel rigs, and eight miscellaneous rigs, based on Baker Hughes’ depend, which revealed that the U.S. complete contains 482 horizontal rigs, 46 directional rigs, and 12 vertical rigs.

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Week on week, the U.S. land rig depend dropped by one, its offshore rig depend dropped by two, and its inland water rig depend elevated by one, Baker Hughes highlighted. The U.S. fuel rig depend dropped by two week on week, its oil rig depend dropped by one, and its miscellaneous rig depend rose by one throughout the identical interval, the depend confirmed. The U.S. horizontal rig depend dropped by one week on week, its directional rig depend dropped by 4 week on week, and its vertical rig depend remained unchanged week on week, the depend revealed.

A serious state variances subcategory included within the rig depend confirmed that, week on week, Louisiana and New Mexico every dropped one rig. A serious basin variances subcategory included within the rig depend confirmed that, week on week, the Eagle Ford and Haynesville basins every dropped one rig.

Canada’s complete rig depend of 130 is made up of 77 oil rigs and 53 fuel rigs, Baker Hughes identified. Week on week, the nation’s oil rig depend dropped by six and its fuel rig depend elevated by one, the depend revealed.

The full North America rig depend is down 46 rigs in comparison with 12 months in the past ranges, based on Baker Hughes’ depend, which confirmed that the U.S. has lower 42 rigs and Canada has lower 4 rigs, 12 months on 12 months. The U.S. has dropped 63 oil rigs and added 19 fuel rigs and two miscellaneous rigs, whereas Canada has dropped 10 oil rigs and added six fuel rigs, 12 months on 12 months, the depend outlined.


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In its earlier rig depend, which was revealed on April 10, Baker Hughes revealed that North America dropped 10 rigs week on week. The full U.S. rig depend decreased by three week on week and the overall Canada rig depend dropped by seven throughout the identical interval, that depend confirmed.

Baker Hughes’ April 2 rig depend revealed that North America dropped six rigs week on week, its March 27 rig depend revealed that North America dropped 33 rigs week on week, its March 20 rig depend outlined that North America dropped 21 rigs week on week, its March 13 depend confirmed that North America dropped six rigs week on week, its March 6 rig depend confirmed that North America dropped eight rigs week on week, and its February 27 rig depend confirmed that North America dropped 11 rigs week on week. Baker Hughes’ February 20 rig depend confirmed that North America added two rigs week on week.

In accordance with month-to-month rig depend abstract figures in Baker Hughes’ newest depend, the North America rig depend stood at 681 in April 2026, 733 in March 2026, 773 in February 2026, 742 in January 2026, and 718 in December 2025. The newest 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 web site 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 web site, the corporate describes the figures as “an essential enterprise barometer for the drilling business and its suppliers”. The corporate notes on its web site that working rig location info is offered partly by Enverus.

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





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Editorial Team April 20, 2026
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