Baker Hughes: Canada rig count drops 61 units

Dec. 28, 2018

Following a 43-drilling rig loss last week, Canada has fallen more than 100 rigs in 2 weeks with a 61-unit loss for the week ended Dec. 28, according to Baker Hughes data. With 70 rigs running, the count is below the 136 units drilling this week a year ago.

OGJ editors

Following a 43-drilling rig loss last week, Canada has fallen more than 100 rigs in 2 weeks with a 61-unit loss for the week ended Dec. 28, according to Baker Hughes data (OGJ Online, Dec. 21, 2018).

With 70 rigs running, the count is below the 136 units drilling this week a year ago.

The number of oil-directed rigs in Canada fell by 43, bringing the count to 15 rigs for the week. Gas-directed rigs were down 18 to 55 units.

In the US, 1,083 rigs were working for the week, up 3 from a week ago. The count is up 154 units from the 929 rigs working this time a year ago.

At 1,056 rigs working, 3 more units were drilling on land vs. last week. Offshore units remained unchanged at 24. Inlands waters also were unchanged at 3 rigs working for the week.

US oil-directed rigs saw a 2-rig increase from last week to 885 units working. The count is up from the 747 rigs drilling for oil this week a year ago. Gas-directed rigs gained a single unit to 198, and up from the 182 units drilling for gas a year ago.

Among the major oil and gas-producing states, Alaska saw the largest gain with an additional 2 units drilling for the week to reach 7. Texas, Louisiana, and Ohio gained 1 unit each to reach 532, 67, and 15, respectively.

Eight states were unchanged this week: New Mexico, 106; North Dakota, 53; Pennsylvania, 47; Colorado, 34; California, 15; West Virginia, 12; Utah, 6; and Kansas, 2.

Oklahoma and Wyoming each dropped 1 unit to reach 140 and 34, respectively.