Canadian drilling jumps as US count dips slightly

May 27, 2022
Canadian drilling activity jumped this week with 15 rigs added the week ended May 27, Baker Hughes reported Friday. This week’s count of 103 rigs is up 41 from the 62 units drilling in Canada during the same period last year.

Canadian drilling activity jumped this week with 15 rigs added the week ended May 27, Baker Hughes reported Friday. This week’s count of 103 rigs is up 41 from the 62 units drilling in Canada during the same period last year.

US drilling activity decreased this week, as a single rotary rig was removed from service for a total of 727 working. The count is 270 more than the 457 total units drilling during the same period a year ago.

US land operations were up 1 rig from the previous week, with 710 rigs currently active. Offshore drilling dipped, with 2 fewer rigs working to reach 16 in US waters this week. The Gulf of Mexico's weekly rig count was down by 2 at 15, but up 1 from the 14 drilling the same time last year.

The number of US rigs drilling for natural gas increased by 1 to 151 units this week. Oil drilling decreased by 2 rigs to 574. Two rigs were unclassified, unchanged from last week.

There were 36 US directional drilling rigs active this week, 3 fewer than the previous week; horizontal drilling, however, increased by 2 units to 666.

Louisiana dropped 3 rigs this week to reach 61 rigs working. Texas and Oklahoma each gained a single rig to reach respective counts of 358 and 59.