US, Canada rotary rig count up from last week

June 17, 2022
The weekly rotary rig count increased by 7 in the US and by 15 in Canada, said Baker Hughes.

The weekly rotary rig count increased by 7 in the US and by 15 in Canada, said Baker Hughes.

This week there were 740 rotary rigs working in the US and its waters and 156 working in Canada. A year ago, the numbers were 470 and 117, respectively.

Of the rigs working in the US and its waters this week, 584 were drilling for oil and 154 were drilling for gas. There were 721 rigs on land, 3 in inland waters, and 16 offshore. In Canada, 104 rigs were drilling for oil, up 10 from last week. Rigs drilling for gas in Canada increased by 5 to reach 52.

Of the major US producing states, only New Mexico saw an increase the week of June 16. With 110 rigs running, the count is 7 more than the previous week.

The remainder of the major US producing states remained unchanged. 

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