Canada drives North American rig gains

Oil drove the gain in Canada, with 128 rigs drilling for oil this week, 8 more than the previous week. Two additional rigs were gas-directed this week for a total of 54 working.

July 25, 2025

2 min read

Canada continued to drive an increase in North American drilling activity for the week ended July 25, with 724 rigs working in the US and Canada combined, eight more than last week. Of these, 542 rotary rigs were working in the US and another 182 in Canada, Baker Hughes officials reported Friday.

Oil drove the gain in Canada, with 128 rigs drilling for oil this week, 8 more than the previous week. Two additional rigs were gas-directed this week for a total of 54 working. Canada’s total rig count is up 10 rigs for the second consecutive week but down 29 from this time in 2024.

The rig count for the US is down 2 from the previous week and 47 from a year ago. The number of rigs drilling on land decreased by 3 units to end the week at 526 rigs working. There were 3 rigs drilling in inland waters, up 1 from last week. Thirteen rigs were drilling offshore, unchanged from last week.

In the US, 5 additional gas-directed rigs help offset the 7-rig loss in oil-directed rigs this week. There were 122 units drilling for gas this week and 415 rigs drilling for oil.

Colorado gained 3 rigs to end the week with 12 units working. Louisiana added 2 rigs to close the week with 35. Texas dropped 4 units, leaving the state with 249 rigs working this week. Wyoming was off 2 at 15.

Activity retreated in both the Permian and Eagle Ford formations, which dropped 3 and 2 rigs respectively. There are now 260 rigs operating in the Permian basin.