Environment and Energy

August 4, 2017
Active Rig Counts Dip This Week
Written by Brett Linton
The weekly U.S. rig count took a slight dip, according to Aug. 4 data from oilfield services company Baker Hughes, Inc. The oil rig count declined by 1 to 765 rigs, while the gas rig count declined by 3 to 189 rigs, for a total of 954. The miscellaneous rig count was unchanged. Compared to this time last year, the 954 count is up 490 rigs, with oil rigs up 384, gas rigs up 108, and miscellaneous rigs down 2.
The Canadian rig count decreased by 3 to 217 rigs this past week, with oil rigs down 5 to 124 rigs, gas rigs up 2 to 93 rigs, and miscellaneous rigs unchanged. Compared to last year, the 217 count is up 95 rigs, with oil rigs up 64, gas rigs up 3, and miscellaneous rigs down 2.


