US drilling increases to 3-year high

Sept. 3, 2004
US drilling activity hit a 3-year high this week, up by 10 units with 1,249 rotary rigs working, Baker Hughes Inc. reported Friday.

By OGJ editors

HOUSTON, Sept. 3 -- US drilling activity hit a 3-year high this week, up by 10 units with 1,249 rotary rigs working, Baker Hughes Inc. reported Friday. That's the largest weekly rig count since the same period in 2001 when 1,252 rigs were drilling. That compares with 1,091 active rigs at this time in 2003.

Again, US land operations accounted for the bulk of the increase, up by 10 to 1,137 units. Offshore operations increased by 1 rig to 89 in the Gulf of Mexico and 94 in US waters as a whole. Drilling in inland waters decreased by 1 unit to 18 rigs.

Canada has 295 rotary rigs working this week, 16 more than the previous week but down from 367 a year ago.