Baker Hughes: Canada’s rig count jumps 12 units

Canada has added 12 rigs for the week ended June 21, according to Baker Hughes data. With 119 rigs running, the count is 41 fewer than the number of rigs drilling this week a year ago.

Jun 21st, 2019

Canada has added 12 rigs for the week ended June 21, according to Baker Hughes data. With 119 rigs running, the count is 41 fewer than the number of rigs drilling this week a year ago. The number of oil-directed rigs in Canada increased by 11, bringing the count to 80 rigs for the week. Gas-directed rigs were up a single unit to 39.

The overall US rig count is down slightly this week. Baker Hughes’ calculation of active US rigs decreased by 2 units to 967.

Rigs drilling for oil were up a single unit to 789 rigs compared with last week, while those rigs targeting gas fell 4 units to 177.

The US rig count is down 85 rigs from last year’s count of 1,052, with oil rigs down 73 and gas rigs down 11.

The US offshore rig count remained unchanged at 24. This count is up 6 units year-over-year. On land, meanwhile, the count decreased 2 units to 939 units this week.

Among the major oil and gas-producing states, Alaska gained 4 rigs this week to 9. West Virginia gained 2 units to 21 rigs drilling.

Eight states were unchanged this week: Louisiana, 70; North Dakota, 56; Colorado, 31; Wyoming, 31; California, 18; Ohio, 18; Utah, 6; and Arkansas, 0.

Texas, with 463 rigs running, saw a 4-unit drop—the largest of the week. Pennsylvania’s rig count fell by 2 units to 37. Oklahoma and New Mexico each saw a single-unit drop and both states are running 100 rigs for the week.

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