Canada gains 16 rigs, US adds 4

July 15, 2022
Canadian rotary rig activity increased by 16 rigs the week ended July 15, moving Canada’s rig count to 191, 41 more than the 150 working in Canada this time a year ago, according to Baker Hughes data.

Canadian rotary rig activity increased by 16 rigs the week ended July 15, moving Canada’s rig count to 191, 41 more than the 150 working in Canada this time a year ago, according to Baker Hughes data.

There were 9 additional rigs drilling for oil in Canada for a total of 125. Gas-directed rigs increased by 7 to 66.

An additional 4 rigs were working in the US this week, raising the total to 756 rigs active—up 272 from the same time a year ago.

Rigs running in the Gulf of Mexico down 3 to 13, while the total offshore count was 14 for the week. On land, 738 rigs were working, up 7 from last week, and up 272 from the year-ago period. Rigs drilling in inland waters were unchanged at 4.

US oil-directed rigs increased by 2 this week to hit 599, up 219 from the year-ago period. Gas-directed rigs remained unchanged at 153, but still up 49 from a year ago.

Of the large oil and gas producing states, Texas saw the highest increase. At 365 rigs running, the count is 4 more than were drilling last week. Oklahoma gained 3 rigs to reach 63. North Dakota and California each gained a rig for respective counts of 36 and 7 rigs working this week.

Louisiana’s rig count dropped by 3 units to end the week at 62 rigs. With a 2-rig drop, New Mexico’s rig count ended the week with 110 units working.