Rotary rig count rises in Canada, US

Jan. 26, 2024
The weekly rig count increased in Canada and in the US for the week ending Jan. 26, according to Baker Hughes.

The weekly rig count increased in Canada and in the US for the week ending Jan. 26, according to Baker Hughes.

In Canada, the rig count increased by 7 to 230 from last week. A year ago, Canada's count was 247.

There were 621 rotary rigs working in the US and its waters this week, up a single unit from last week. There were 771 rigs drilling in the US and its waters in the comparable period a year ago.

Of the rigs working in the US this week, 499 were drilling for oil, 2 more than last week; 119 were drilling for gas, down 1 from last week; and 3 were unclassified, unchanged from last week. There were 602 rigs on land, none in inland waters, and 19 offshore.

New Mexico, Wyoming, and Utah each gained a rig this week to respective counts of 99, 13, and 11.

Texas, Louisiana, and North Dakota each dropped a rig this week, reaching respective counts of 304, 42, and 32.