North America misplaced six rigs week on week, in keeping with the newest rotary rig depend from Baker Hughes, which was revealed on July 21.
Though Canada’s whole rig depend remained unchanged week on week, the U.S. depend dropped by six throughout the identical timeframe, Baker Hughes highlighted. North America’s whole rig depend stands at 856, comprising 669 rigs from the U.S. and 187 rigs from Canada, Baker Hughes’ newest overview outlined.
The full Canada depend is made up of 116 oil rigs and 71 gasoline rigs, whereas the overall U.S. depend is made up of 530 oil rigs, 131 gasoline rigs, and eight miscellaneous rigs, in keeping with Baker Hughes, which highlighted that the U.S. has a complete of 647 land rigs, 18 offshore rigs and 4 inland water rigs.
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The U.S. had 5 fewer land rigs and one much less inland water rig week on week, Baker Hughes revealed in its newest depend. The nation dropped seven oil rigs and two gasoline rigs, however added three miscellaneous rigs, throughout that timeframe, the depend confirmed. Canada added two oil rigs and dropped two gasoline rigs week on week, Baker Hughes revealed.
Within the U.S., Texas and Louisiana had been proven to have misplaced rigs week on week, whereas Oklahoma and Utah had been proven to have added rigs. Texas dropped seven rigs, Louisiana lower two rigs, Oklahoma added one rig, and Utah added two rigs, the depend highlighted.
Baker Hughes’ depend outlined that North America is down 97 rigs on 12 months in the past figures and highlighted that the U.S. has pushed this decline, chopping 89 rigs throughout the interval whereas Canada dropped eight rigs. The U.S. has lower 69 oil rigs and 24 gasoline rigs, and added 4 miscellaneous rigs, 12 months on 12 months, whereas Canada has simply dropped eight oil rigs 12 months on 12 months, the rig depend revealed.
In its earlier rig depend, which was posted on July 14, Baker Hughes confirmed that North America added seven rigs week on week. In that depend, Baker Hughes revealed that the U.S. dropped 5 rigs week on week and that Canada added 12 rigs throughout the identical interval.
In its rig depend launched on July 7, Baker Hughes confirmed that North America had added 14 rigs week on week. Within the rig depend previous to that, which was launched on June 30, the corporate revealed that North America had dropped 10 rigs week on week.
Previous to the depend launched on June 30, North America had been on a streak of rig additions, Baker Hughes’ earlier counts confirmed. In its rig depend launched on June 23, the corporate highlighted that North America had elevated its rig depend by 5 week on week, and within the depend earlier than that, which was revealed on June 16, Baker Hughes confirmed that North America had added 15 rigs week on week. Within the rig depend previous to that one, which was revealed on June 9, Baker Hughes’ revealed that North America had lastly damaged a rig loss streak. The area was proven in that depend to have added 38 rigs week on week.
In its rig depend launched on June 2, Baker Hughes outlined that North America had dropped 5 rigs week on week, and within the depend earlier than that, which was revealed on Could 26, Baker Hughes revealed that North America had dropped seven rigs week on week. The depend previous to that, which was posted on Could 19, confirmed that the area had dropped 20 rigs week on week, and the rig depend earlier than that one, which was posted on Could 12, confirmed that North America had dropped 16 rigs week on week.
Baker Hughes’ Could 5 depend confirmed that North America lower seven rigs week on week, its April 28 depend revealed that North America dropped 10 rigs week on week, its April 21 depend revealed that the area dropped one rig week on week, and its April 14 depend revealed that the area dropped 19 rigs week on week. In its April 6 depend, Baker Hughes revealed that North America lower 16 rigs week on week and in its March 31 depend, the corporate confirmed that North America lower 29 rigs week on week.
Baker Hughes’ March 24 depend confirmed that the area dropped 38 rigs week on week, its March 17 rig depend revealed that the area dropped eight rigs week on week, its March 10 rig depend confirmed a 26-rig week on week drop in North America, and its March 3 depend revealed that North America had lower two rigs week on week.
Baker Hughes, which has issued the rotary rig counts to the petroleum trade since 1944, describes the figures as an necessary enterprise barometer for the drilling trade and its suppliers. The corporate obtains its working rig location data partly from Enverus, which produces every day rig counts utilizing GPS monitoring items.
To contact the writer, e mail andreas.exarheas@rigzone.com
