US, Canadian rig counts dip

Jan. 29, 2005
US drilling activity slipped during the week ended Jan. 28, down by 7 units with 1,256 rotary rigs still working, said Baker Hughes Inc.

By OGJ editors

HOUSTON, Jan. 28 -- US drilling activity slipped during the week ended Jan. 28, down by 7 units with 1,256 rotary rigs still working, said Baker Hughes Inc. That compared with a rig count of 1,084 during the same period a year ago.

Land operations accounted for the fallout, down by 11 rigs to 1,130 still active. Activity in inland waters increased by 1 rig to 24. Offshore drilling was up by 3 rigs to 102 in US waters as a whole, although the number of rigs working the Gulf of Mexico was unchanged at 95.

Canada's weekly rig count also dipped, down by 2 to 594 rotary rigs working. That was up from 585 last year.