U.S. Rig Count +2 to 624, Canada +5 to 198
Oil prices rose a dollar a barrel on Friday as investors worried about potential supply disruptions in the Middle East after signs of escalation of the Israel-Palestinians crisis.
Baker Hughes Rig Count:
U.S. Rig Count is up 2 from last week to 624 with oil rigs up 1 to 502, gas rigs up 1 to 118 and miscellaneous rigs unchanged at 4.
Canada Rig Count is up 5 from last week to 198, with oil rigs up 5 to 121 gas rigs up 1 to 77 and miscellaneous down 1.
Region | Period | Rig Count | Change |
U.S.A | 20 October 2023 | 624 | +2 |
Canada | 20 October 2023 | 198 | +13 |
International | September 2023 | 940 | -12 |
drilling operations on a given well