US drilling slumps for second week

Feb. 4, 2005
US drilling activity continued to fall for the second consecutive week, down by 8 units to 1,248 rotary rigs working, said Baker Hughes Inc. on Feb. 4.

By OGJ editors

HOUSTON, Feb. 4 -- US drilling activity continued to fall for the second consecutive week, down by 8 units to 1,248 rotary rigs working, said Baker Hughes Inc. on Feb. 4. That's up from 1,117 active rigs during the same period last year.

Offshore drilling led the latest decline, down by 4 units to 98 in US waters overall, including a loss of 2 to 93 in the Gulf of Mexico. Land drilling lost 3 rigs with 1,127 still working. Inland waters activities dipped by 1 unit to 23.

Canada's rig count dropped by 18 to 576 units this week, up from 552 a year ago.