Canada sees gains in rig count numbers

Canada sees gains in rig count numbers


Baker Hughes has released rig count numbers for the week ending on August 14, showing a steady but slow increase in Canadian numbers while the U.S. industry remains on the decline. 


The U.S. rig count is down 3 from last week at 244 with oil rigs down 4 to 172, gas rigs up 1 to 70, and miscellaneous rigs unchanged at 2. U.S. Rig Count is down 691 rigs from last year’s count of 935, with oil rigs down 598, gas rigs down 95, and miscellaneous rigs unchanged at 2. 


The U.S. offshore rig count is up 1 to 13 and down 14 year-over-year. 


In Canada, the  rig count is up 7 rigs from last week to 54, with oil rigs up 6 to 19, gas rigs up 1 to 35, and miscellaneous rigs unchanged at 0 Canada Rig Count is down 88 rigs from last year’s count of 142, with oil rigs down 82, gas rigs down 6 and miscellaneous rigs unchanged at 0


AreaLast CountCountChange from Prior CountDate of Prior CountChange from Last YearDate of Last Year’s Count
U.S.14 Aug
2020
244-37 Aug
2020
-69116 Aug
2019
Canada14 Aug
2020
54+77 Aug
2020
-8816 Aug
2019
InternationalJuly
2020
743-38June
2020
-419July
2019

[Read more…]

BHGE logo

Source: Baker Hughes


Report by: OGP/Segun Cole , Please email us your industry related news for publication info@OilAndGasPress.com

Submit a Press Release

Follow us: @OilAndGasPress on Twitter | OilAndGasPress on Facebook


Disclaimer
Most 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. OilAndGasPress welcomes all viewpoints. Should you wish to provide a different perspective on the above article, please email us info@OilAndGasPress.com

Information posted is accurate at the time of posting, but may be superseded by subsequent press releases

#FOLLOW US ON INSTAGRAM