23 Feb Baker Hughes Rig Count: International 1,079, U.S. unchanged at 551 Canada +2 to 224
(Oilandgaspress) U.S. Rig Count is unchanged from last week at 551 with oil rigs unchanged at 409, gas rigs unchanged at 133 and miscellaneous rigs unchanged at 9.
Canada Rig Count is up 2 from last week to 224 with oil rigs unchanged at 153, gas rigs up 2 to 71 and miscellaneous unchanged at 0.
International Rig Count is up 14 from last month to 1,079 with land rigs up 3 to 839, offshore up 11 to 231.
International Rig Count is down 20 rigs from last year’s count of 1,099, with land rigs down 7, offshore rigs down 13.
| Region | Period | Rig Count | Change |
| U.S.A | 20 February 2026 | 551 | — |
| Canada | 20 February 2026 | 224 | +2 |
| International | January 2026 | 1,079 | +14 |
| Baker Hughes |
Octopus Energy Generation is injecting nearly $1 billion in California’s next-gen tech scene – deepening its foothold in one of the world’s most advanced clean energy markets.
Through its funds, Octopus will back two Californian carbon removal companies pioneering grassland restoration and reforestation to transform degraded land into high-quality CO2-absorbing assets – with several Big Tech companies already lined up as carbon credit offtakers.
The newly unlocked funding will also invest in heat batteries to fast-track the decarbonisation of hard-to-electrify industries. Developed in the innovation-driven Bay Area, the tech allows swapping polluting fossil-fuel boilers with systems powered by renewable energy.
Additionally, Octopus will acquire a solar and battery project in California, aiming to help turn the state’s abundant sunshine into clean, cheap power. The project is expected to become fully operational by July 2026.
This builds on Octopus’s previous investments in state-side clean tech infrastructure, with the company aiming to deploy a total $2 billion in the U.S. energy transition by 2030. Related News
| Region | Period | Rig Count | Change |
| Africa, Land/Offshore | January 2026 | 100 | -5 |
| Middle East, Land/Offshore | January 2026 | 518 | +9 |
| Asia-Pacific, Land/Offshore | January 2026 | 206 | +3 |
| Latin America, Land/Offshore | January 2026 | 136 | +7 |
Baker Hughes |
The UK’s shift to cheap, clean transport got a major boost with the launch of ‘Octopus Fleet’ – the one-stop shop for all businesses looking to electrify their fleet operations with ease.
Whether businesses are just getting started with EVs or already going full throttle, Octopus Fleet offers the ultimate mix-and-match of smart solutions – from fleet payment tools and cutting-edge home and public charging to all-around tariffs and electric vehicle (EV) charger, solar or battery installations.
Fleets can build their own tailored system from Octopus’s world-class suite of tech-packed products:
Europe’s largest public charging network ‘Electroverse’ – unlocking one-tap access to over 1.3 million charge points globally across more than 50 countries
Octopus’s Fleet Charging Card – enabling seamless top-ups for existing fleets transitioning to electric
Octopus’s Visa-powered Business Payments Card – making it easy to pay, track and save on the move – from charging and meals to car washes and tolls
EV chargers, rooftop solar, and batteries – allowing fleets to slash running costs with clean tech
More Energy, Oil & Gas Stories !!! �The squeaky wheel gets the oil�
OilandGasPress Energy Newsbites and Analysis Roundup | Compiled by: OGP Staff, Submit your Releases or contact us now!, victor@oilandgaspress.com
OilandGasPress.com is a website that provides news, updates, and information related to the oil and gas industry. It covers a wide range of topics, including exploration, production, refining, transportation, distribution, and automotive market trends within the global energy sector. Visitors to the site can find articles, press releases, reports, and other resources relevant to professionals and enthusiasts interested in the energy, oil and gas industry.
Disclaimer: News articles reported on OilAndGasPress are a reflection of what is published in the media. OilAndGasPress is not in a position to verify the accuracy of daily news articles. The materials provided are for informational and educational purposes only and are not intended to provide tax, legal, or investment advice.
Information posted is accurate at the time of posting, but may be superseded by subsequent press releases
“Stay informed with Oilandgaspress.com—your independent source for global energy, oil, gas, EV, and automotive industry news and analysis.”
Follow us: on Twitter | Instagram
Your Daily Source for Oil, Gas, Renewables & EV Market Insights :
latest oil and gas updates
energy ,news ,oil market ,gas prices,oil price ,oil trends,crude oil market,automotive electrification,EV industry ,electric vehicle trends,automotive, forecast,
Sorry, the comment form is closed at this time.