Environment and Energy
October 13, 2017
Active Gas & Oil Rig Counts in October
Written by Brett Linton
The weekly U.S. rig count took a slight dip this week, according to Sept. 8 data from oilfield services company Baker Hughes. The number of active U.S. drill rigs declined by 8 to 928 rigs, oil rigs declined 5 to 743 rigs, gas rigs fell 2 to 185 rigs, and miscellaneous rigs were down 1 to 0 rigs. Compared to this time last year, the 928 count is up 389 rigs, with oil rigs up 311, gas rigs up 80, and miscellaneous rigs down 2. See the first graph below for a history of active U.S. rig counts.
The Canadian rig count increased by 3 to 212 rigs this past week, with oil rigs unchanged at 112 rigs, gas rigs up 3 to 100 rigs, and miscellaneous rigs unchanged at 0. Compared to last year, the 212 count is up 47 rigs, with oil rigs up 22, gas rigs up 25, and miscellaneous rigs unchanged. See the second graph below for a history of active Canadian rig counts.
