Steel Products
March 18, 2013
U.S. Rig Count Increases by 24 and Canada Decreases by 77
Written by John Packard
According to Baker Hughes data from March 15th, 2013, the U.S rig count for this week is 1,776 rigs exploring for or developing oil or natural gas. This number represents an increase of 24 rigs from last week. Compared to last year the 1,776 count is a decrease of 208 rigs. Canadian rigs decreased by 77 to 503 rigs this week, a decrease of 14 rigs from a year ago. International rigs decreased by 4 to 1,275 rigs last month, an increase of 71 rigs from a year ago.
