US drilling rebounds to new high

April 15, 2005
US drilling activity rebounded to a new 19-year high with 1,348 rotary rigs working this week, 21 more than the previous week and up from 1,150 during the same time last year.

By OGJ editors
HOUSTON, Apr. 15 -- US drilling activity rebounded to a new 19-year high with 1,348 rotary rigs working this week, 21 more than the previous week and up from 1,150 during the same time last year.

Land operations accounted for the bulk of that gain, up by 21 rigs to 1,224 drilling. Offshore drilling increased by 1 rig to 96 rigs working, including 92 in the Gulf of Mexico. However, drilling in inland waters slipped by 1 rig to 28.

Canada's drilling activity continued to fall with the seasonal thaw, down by 48 rotary rigs to 160 active this week, up from 137 during the same period in 2004.