Canada’s rig count increased this week, while US drilling activity fell. According to Baker Hughes’s rotary rig count, which was released Friday, Canada’s rig count increased by 12 units to reach 166 rigs running the week ended July 1. The count is up 30 from the number of rigs drilling during this period last year.
In the US, the rig count fell by 3 rigs, reaching 750 units still working. This week's count is up 275 from the year-ago total of 475 rotary rigs.
This week's falloff was led by a decline in US land rigs, which were down 4 rigs with 730 working. Offshore rigs increased by 1 rig, and those drilling in inland waters remained unchanged, landing at 17 and 3 rigs working, respectively.
The number of US rigs drilling for gas fell 4 to 153 this week, while the number of rigs drilling for oil rose 1 to 595. Two rigs remained unclassified.
Rigs involved in vertical drilling were down 2 to 25 for the week. There were 43 US rigs drilling directional wells, up 2 for the week, while those drilling horizontal wells reached 682, down 3 for the week.
Leading the week's decline was Texas, down 2 units with 360 units still working. Pennsylvania, Utah, and Ohio each dropped 1 rig to reach counts of 24, 13, and 11 rigs running.
New Mexico and Louisiana each gained a single rig to respective counts of 112 and 64 rigs working for the week.