North America dropped five more rigs week-on-week, according to Baker Hughes’ latest rotary rig count, which was released on June 2.
While Canada added 10 rigs week-over-week, the US dropped 15 over the same time period, bringing the overall North American rig count to 793, which includes 696 rigs from the US and 97 rigs from Canada, the Baker Hughes tally showed.
The total U.S. rig count consists of 674 onshore rigs, 20 offshore rigs and two inland water rigs, Baker Hughes noted. The country has 555 oil rigs, 137 gas rigs and four miscellaneous rigs, according to Baker Hughes, which showed the country’s land and oil rig count fell in 15 weeks. Louisiana, New Mexico, North Dakota, Oklahoma, Texas and Wyoming all lost rigs week over week, Baker Hughes revealed.
Canada’s rig count includes 51 oil rigs and 46 gas rigs. According to Baker Hughes, the country’s oil rig count rose nine weeks over the week, while the gas rig count rose by one over the same time period.
Compared to a year ago, North America has taken down 51 rigs, with the United States dropping 31 rigs and Canada dropping 20 during that time frame, the rig count shows. The United States has cut 19 oil rigs and 14 gas rigs, and added two miscellaneous rigs, while Canada has dropped 21 oil rigs and added one gas rig, year over year, Baker Hughes explained.
In its previous rig count, which was released on May 26, Baker Hughes revealed that North America had dropped seven teams week-on-week. In the previous count, which was released on May 19, Baker Hughes revealed that North America dropped 20 devices week-over-week and in the previous device count, which was released on May 12, the company show that North America dropped 16 devices. week to week
Baker Hughes’ May 5 count showed North America cut seven rigs week-over-week, its April 28 count showed North America down 10 rigs week-over-week, its April 21 count of April showed that the region was down one week on week and its April. The count of 14 showed the region dropped 19 teams from week to week. Baker Hughes’ rig count released on April 6 revealed the region was down 16 rigs week-over-week, its March 31 rig count showed North America cutting 29 rigs week-over-week, the its March 24 count showed the region down 38 rigs week-over-week. , and its March 17 rig count showed the region dropping eight teams week-over-week.
Baker Hughes’ March 10 rig count showed a weekly drop of 26 rigs in North America and its March 3 count also revealed that North America had cut two rigs week-on-week.
Baker Hughes, which has issued the oil rig count since 1944, describes the numbers as an important business barometer for the drilling industry and its suppliers. The company gets its work platform location information in part from Enverus, which produces daily equipment counts using GPS tracking units.
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