North American drilling rebounds with big Canadian gain

June 25, 2004
US drilling activity rebounded slight this week, up by 5 rotary rigs with 1,176 working, compared with 1,074 during the same period last year, Baker Hughes Inc. reported Friday.

By OGJ editors

HOUSTON, June 25 -- US drilling activity rebounded slight this week, up by 5 rotary rigs with 1,176 working, compared with 1,074 during the same period last year, Baker Hughes Inc. reported Friday.

Land operations accounted for all of the increase, up by 8 rigs with 1,063 making hole. Offshore operations were down by 1 rig to 92 in the Gulf of Mexico and 95 for the US offshore as a whole. Inland waters drilling dipped by 2 rigs to 18.

Canada register a major rebound, up by 138 rigs to 334 working this week, wiping out last week's loss of 77. That compares with 310 rotary rigs working in Canada during the same period last year.