The overall drilling rig count in North America is down 7 units to 717 the week ended Aug. 1, with drops in oil-directed rigs accounting for much of the decline, according to Baker Hughes Inc. data.
The rig count in Canada fell by 5 units to reach 177 rigs working for the week. The count is down 42 from this time a year ago. Of those 177 rigs working, 124 were drilling for oil, down 4 from last week, and down 26 from the year-ago period. One fewer rig was drilling for gas in Canada this week for a total of 53. The count is 16 fewer than this time last year.
The US drilling rig count ended the week with 540 rigs working. The count is 2 fewer than this time last week and 46 fewer than this time last year. Of those, 410 were oil-directed, down 5 from last week and down 72 from the year-ago period. With 124 rigs running, there were 2 additional rigs drilling for gas in the US this week. The count is up 26 from this time in 2024.
In the US, 525 rigs were drilling on land, 1 fewer than last week. With a 1-unit drop, 2 rigs were left running in inland waters. The offshore rig count remained unchanged this week at 13 but was down 7 from the year-ago period.
Of the major US oil and gas producing states, three saw rig counts decline. There were 4 fewer rigs drilling in Texas this week, leaving a total of 245 rigs running. Oklahoma and Louisiana each dropped a single unit to end the week with respective rig counts of 41 and 34.
New Mexico’s rig count increased by 3, leaving 96 rigs working this week.
