North America has added several rigs week-over-week, according to Baker Hughes’ latest rotating rig count, which was released on July 7.
The count showed the region increased its rig count by 14 weeks on week, with the US adding six rigs and Canada eight rigs during that time period. The total number of devices in North America is now 855, which includes 680 teams from the US and 175 from Canada, according to the count.
The total U.S. rig count is made up of 540 oil rigs, 135 gas rigs and five miscellaneous rigs, according to the count, which classified 657 of the nation’s total rigs as onshore, 19 as offshore and four as inland waters. platforms The rig count showed the US had five fewer oil rigs and 11 more gas rigs week-on-week. The country’s number of land rigs was shown to have increased by four weeks a week, and its number of inland water rigs was shown to have increased by two during that period.
Week-over-week, Colorado and Texas dropped rigs, while Louisiana, New Mexico and Wyoming added rigs, the count noted. Colorado dropped one rig, Texas dropped four, Louisiana added seven, New Mexico added three and Wyoming added one rig, the tally revealed.
Canada’s total rig count of 175 includes 111 oil rigs and 64 gas rigs, according to Baker Hughes’ latest count. The country was shown to have added two oil rigs and six gas rigs week-on-week.
The Baker Hughes tally noted that North America is down 72 teams from a year ago and highlighted that the United States has driven that decline, shedding 72 teams while Canada’s count remained the same. The United States has dropped 57 oil rigs and 18 gas rigs, and added three miscellaneous rigs, year-over-year, while Canada has added five gas rigs and dropped five oil rigs year-over-year, the platform count.
In its previous platform count, which was released on June 30, Baker Hughes revealed that North America had dropped 10 teams week-over-week. Prior to this count, North America had been on a streak of rig additions, earlier Baker Hughes counts showed. In its platform count released on June 23, the company showed that North America had increased its platform count by five weeks on the week, and in the previous count, which was published on June 16, Baker Hughes showed that North America had added 15 teams. week to week In the previous team count, which was published on June 9, Baker Hughes revealed that North America had finally broken a streak of platform losses. This count showed that the region had added 38 teams week-on-week.
In its rig count released on June 2, Baker Hughes noted that North America had dropped five rigs week-on-week, and in the previous count, which was released on May 26, Baker Hughes revealed that North America Nord had dropped seven devices week-on-week. . The previous count, which was released on May 19, showed that the region had dropped 20 devices week-over-week, and the previous count, which was released on May 12, showed that North America had dropped 16 devices weekly . week
Baker Hughes’ May 5 count showed North America cut seven rigs week-over-week, its April 28 count revealed North America was down 10 rigs week-over-week, its April 21 count of April revealed that the region was down one week on week and its April. The count of 14 revealed that the region dropped 19 teams week-to-week. In its April 6 count, Baker Hughes revealed that North America cut 16 rigs week-over-week and in its March 31 count, the company showed that North America cut 29 rigs week-over-week .
Baker Hughes’ March 24 tally showed the region down 38 rigs week-over-week, its March 17 rig count revealed the region down eight rigs week-over-week, its rig count of March 10 showed a week-over-week drop of 26 devices in North America, and its March 3 count revealed that North America had cut two rigs week-over-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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