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    Environment and Energy

    Active Gas & Oil Rig Counts

    Written by Brett Linton


    The U.S. active rotary rig count, an indicator of oil country tubular goods demand, increased this week, according to oilfield services company Baker Hughes. The number of active U.S. rigs rose by 1 to 984, with oil rigs up 3 and gas rigs down 2. Compared to this time last year, the 984 count is down 76 rigs, with oil rigs down 61, gas rigs down 13, and miscellaneous rigs down 2. See the first graph below for a history of active U.S. rig counts.

    The Canadian rig count rose by 7 to 85 rigs, with oil rigs up 6 and gas rigs up 1. Compared to last year, the 85 count is down 14 rigs, with oil rigs down 12 and gas rigs down 2. See the second graph below for a history of active Canadian rig counts.

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