North America misplaced rigs once more week on week, Baker Hughes’ newest rotary rig depend, which was launched on August 18, confirmed.
The area’s rig depend dropped by 13 week on week, in keeping with the rig depend, which revealed that the U.S. rig depend dropped by 12 week on week whereas Canada’s rig depend decreased by one throughout the identical timeframe. The full North America rig depend now stands at 831, comprising 642 rigs from the U.S. and 189 rigs from Canada, the depend highlighted.
Of the overall U.S. rig depend of 642, 621 are categorized as land rigs, 17 as offshore rigs, and 4 as inland water rigs. The full rig depend contains 520 oil rigs, 117 gasoline rigs, and 5 miscellaneous rigs, Baker Hughes’ depend outlined.
The U.S. had 11 fewer land rigs and one much less offshore rig week on week, in keeping with the depend, which revealed that the U.S. oil rig depend dropped by 5, its gasoline rig depend dropped by six, and its miscellaneous rig depend dropped by one week on week. Louisiana, New Mexico, North Dakota, Ohio, Oklahoma, West Virginia, and Wyoming all dropped rigs week on week, whereas Pennsylvania added rigs, the depend identified.
Louisiana and West Virginia every lower three rigs, North Dakota, Ohio, and Oklahoma every lower two rigs, New Mexico and Wyoming every lower one rig, and Pennsylvania added two rigs week on week, the rig depend confirmed.
Canada’s whole rig depend of 189 contains 119 oil rigs and 70 gasoline rigs, Baker Hughes’ rotary rig depend outlined. The nation added three oil rigs and dropped 4 gasoline rigs week on week, in keeping with Baker Hughes’ depend.
The corporate’s newest rig depend outlined that North America is down 132 rigs on yr in the past figures and confirmed that the U.S. has pushed this decline, reducing 120 rigs through the interval whereas Canada dropped 12 rigs. The U.S. has lower 81 oil rigs and 42 gasoline rigs, and added three miscellaneous rigs, yr on yr, whereas Canada has dropped 18 oil rigs and added six gasoline rigs yr on yr, the rig depend revealed.
In its earlier rig depend, which was launched on August 11, Baker Hughes confirmed that North America dropped three rigs week on week, and within the rig depend previous to that, which was launched on August 4, the corporate revealed that North America dropped 10 rigs week on week.
Baker Hughes’ July 28 depend confirmed that North America added one rig week on week, its July 21 depend confirmed that North America misplaced six rigs week on week, and its July 14 depend confirmed that North America added seven rigs week on week. Baker Hughes’ July 7 depend revealed that the area added 14 rigs week on week, and its June 30 depend confirmed that the area dropped 10 rigs week on week.
Previous to the rig depend launched on June 30, North America had been on a streak of rig additions, Baker Hughes’ earlier counts confirmed. The corporate’s June 23 depend highlighted that North America elevated its rig depend by 5 week on week and its June 16 depend confirmed that North America added 15 rigs week on week. Within the rig depend previous to that, which was revealed on June 9, Baker Hughes revealed that North America had lastly damaged a rig loss streak which had gone on for a number of weeks. The area was proven in that depend to have added 38 rigs week on week.
Baker Hughes, which has issued the rotary rig counts to the petroleum business since 1944, describes the figures as an vital enterprise barometer for the drilling business and its suppliers. The corporate obtains its working rig location info partly from Enverus, which produces day by day rig counts utilizing GPS monitoring items.
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