Rig count Update
The number of drilling rigs operating in U.S. oil fields jumped by 10 this week as crude prices topped $80 a barrel. Canadian oil fields up by 1. No update released for International Rig count. The active rig count acts as a leading indicator of demand for products used in drilling, completing, producing and processing hydrocarbons.
|Region||Period||No. of Rigs||Change|
|U.S.A||15th October 2021||543||+10|
|Canada||15th October 2021||168||+1|