Drilling activity in the US fell by 15 rotary rigs to 696 working the week ended June 2, Baker Hughes reported, while the number of rigs working in Canada jumped by 10 to 97. Total North America rigs working are down 51 from last year's 844.
A drop in rigs working on land was responsible for the entire US decrease. With 15 fewer oil-directed land rigs, the US ended the week at a count of 674, 36 fewer than were drilling on land a year ago. Of the major oil and gas producing states, Texas saw the largest decline for the week with a 6-unit drop. The state ended the week with 353 rigs working.
The number of rigs working offshore and in inland waters remained unchanged at 20 and 2 units, respectively.
Canada’s rig count increased this week. A 10-unit gain brought the total number of rigs working in Canada to 97, although the count is still 20 fewer than this time last year. Of the added rigs, nine were oil-directed and one was gas-directed.