Canada rig count increases, US count holds
Canada’s rig count increased this week, while US drilling activity held steady. According to Baker Hughes’s rotary rig count, released Friday, Canada’s rig count increased by 6 units to reach 226 rigs running the week ended Oct. 30. The count is up 39 from the number of rigs drilling during this period last year.
There were 154 rigs drilling for oil in Canada this week, up 2 rigs from last week. The number of rigs drilling for gas increased by 3 to 68 rigs working. Both counts are up from last year at this time.
In the US, the rig count was unchanged at 603. That number is 57 more than this time in 2025. Two additional oil-directed rigs in the US offset a 2-unit decline in gas-directed rigs. The US ended the week with 462 oil-directed rigs and 130 gas-directed rigs.
There were 588 rigs drilling on US land this week, down 1 unit from last week, but up 63 units from this time last year. The offshore rig count was up 1 unit from last week to 14. One rig was drilling in inland waters, unchanged from last week.
Texas dropped 2 rigs to end the week with 275 rigs working. Utah dropped a single unit to end the week with 17.
Wyoming added 2 rigs to end the week with 18 units working. New Mexico added a single unit to end the week with 99 rigs running.

