North America dropped 71 rigs week on week, Baker Hughes’ last North America rotary rig depend of 2024, which was launched on December 27, confirmed.
Though the entire U.S. rig depend remained unchanged week on week, Canada’s whole rig depend decreased by 71 throughout the identical timeframe, taking the entire North America rotary rig depend right down to 684, comprising 589 rigs from the U.S. and 95 rigs from Canada, the depend outlined.
Of the entire U.S. rig depend of 589, 573 rigs are categorized as land rigs, 14 are categorized as offshore rigs, and two are categorized as inland water rigs. The full U.S. rig depend is made up of 483 oil rigs, 102 fuel rigs, and 4 miscellaneous rigs, in accordance with the depend, which revealed that the U.S. whole contains 527 horizontal rigs, 49 directional rigs, and 13 vertical rigs.
Week on week, the nation’s land, offshore, and inland water rig counts remained unchanged, the depend outlined. The U.S. fuel, oil, and miscellaneous rig counts and the nation’s horizontal, directional, and vertical rig counts additionally remained unchanged week on week, the depend revealed.
A significant state variances subcategory included within the rig depend confirmed that Texas dropped one rig and North Dakota added one rig week on week.
Canada’s whole rig depend of 95 contains 44 oil rigs and 51 fuel rigs, Baker Hughes identified. The nation’s oil rig depend dropped by 66 week on week and its fuel rig depend dropped by 5 throughout the identical timeframe, the depend confirmed.
The full North America rig depend is down 24 in comparison with yr in the past ranges, in accordance with Baker Hughes, which outlined that the U.S. has pushed this decline, reducing 33 rigs through the interval whereas Canada’s depend elevated by 9. The U.S. has minimize 18 fuel rigs and 17 oil rigs, and added two miscellaneous rigs, whereas Canada has added 17 oil rigs, and dropped eight fuel rigs, yr on yr, the depend revealed.
In its earlier rig depend, which was printed on December 20, Baker Hughes revealed that North America misplaced 25 rigs week on week. Though the U.S. rig depend remained unchanged week on week, Canada dropped 25 rigs throughout the identical interval, that depend outlined.
Baker Hughes’ December 13 rig depend revealed that North America misplaced three rigs week on week and its December 6 rig depend revealed that North America misplaced 4 rigs week on week.
The corporate’s November 27 depend confirmed that North America’s whole rig depend elevated by three week on week and its November 22 depend revealed that North America’s whole rig depend remained unchanged week on week.
Baker Hughes’ November 15 rig depend revealed that North America dropped eight rigs week on week, its November 8 rig depend confirmed that North America dropped six rigs week on week, its November 1 depend confirmed that North America dropped three rigs week on week, and its October 25 depend revealed that North America dropped one rig week on week. The corporate’s October 18 depend revealed that North America dropped three rigs week on week and its October 11 rig depend additionally confirmed that North America dropped three rigs week on week.
Baker Hughes’ October 4 depend confirmed that North America added three rigs week on week and its September 27 depend revealed that North America added six rigs week on week.
The corporate’s September 20 rig depend confirmed that North America dropped 9 rigs week on week, its September 13 rig depend confirmed that North America added six rigs week on week, its September 6 rig depend revealed that North America dropped one rig week on week, and its August 30 rig depend additionally confirmed that North America dropped one rig week on week.
Baker Hughes’ August 23 depend revealed that North America added one rig week on week, its August 16 depend revealed that North America dropped two rigs week on week, and its August 9 depend confirmed that North America’s rig depend stayed flat week on week.
Baker Hughes’ August 2 rig depend confirmed that North America added 5 rigs week on week, its July 26 depend confirmed that North America added 17 rigs week on week, its July 19 depend revealed North America added 10 rigs week on week, and its July 12 depend confirmed that North America added 13 rigs week on week.
The corporate’s July 5 depend revealed that North America added three rigs week on week, its June 28 depend additionally confirmed that North America added three rigs week on week, its June 21 rig depend revealed that North America added 4 rigs week on week, and its June 14 depend confirmed that North America added 13 rigs week on week.
Baker Hughes’ June 7 depend revealed that North America added 9 rigs week on week, its Might 31 depend confirmed that North America added eight rigs week on week, and its Might 24 rig depend highlighted that North America added two rigs week on week.
The corporate’s Might 17 depend revealed that North America dropped one rig week on week, its Might 10 depend confirmed that North America dropped six rigs week on week, its Might 3 depend additionally confirmed that North America dropped six rigs week on week, its April 26 depend confirmed that North America dropped 15 rigs week on week, and its April 19 depend confirmed that North America minimize 12 rigs week on week.
Baker Hughes’ April 12 depend revealed that North America added two rigs week on week, and its April 5 depend confirmed that North America minimize 16 rigs week on week.
The corporate’s March 28 depend revealed that North America dropped 21 rigs week on week, its March 22 depend confirmed that the area minimize 43 rigs week on week, its March 15 depend confirmed that the area minimize 11 rigs week on week, and its March 8 rig depend confirmed that North America dropped 13 rigs week on week.
Baker Hughes’ March 1 rig depend revealed that North America added three rigs week on week, its February 23 rig depend confirmed that North America added two rigs week on week, and its February 16 depend confirmed that North America’s rig depend remained unchanged week on week.
The corporate’s February 9 rig depend revealed that North America elevated its rig depend by 4 rigs week on week, its February 2 depend confirmed that North America’s rig depend stayed flat week on week, and its January 26 rig depend confirmed that North America elevated its rig depend by eight rigs week on week.
Baker Hughes’ January 19 depend revealed that North America elevated its rig depend by 11 rigs week on week, its January 12 rig depend confirmed that North America elevated its rig depend by 86 rigs week on week, and its January 5 rig depend, which marked the corporate’s first rotary rig depend of 2024, confirmed that North America added 38 rigs week on week.
The corporate’s last rotary rig depend of 2023 confirmed a notable week on week and yr on yr drop for North America. The area’s rig depend decreased by 58 week on week and by 155 yr on yr, in accordance with that depend, which was launched on December 29.
Baker Hughes, which has issued rotary rig counts to the petroleum trade since 1944, describes the figures as an necessary enterprise barometer for the drilling trade and its suppliers. The corporate notes that working rig location data is supplied partially by Enverus.
To contact the writer, electronic mail andreas.exarheas@rigzone.com