Steel Products
March 17, 2023
Rig Counts Down in Canada, Up in US
Written by Becca Moczygemba
Rig counts dropped in Canada and rose in the US this week, according to data from oilfield services company Baker Hughes.
The total US rig count was 754 for the week ended March 17, up eight rigs from the week prior. The number of active oil rigs in the US fell by one to 589 from the prior week. The number of gas rigs jumped nine to 162. Compared to this time last year, the US count is up 91 rigs, with oil rigs up 65, gas rigs up 25, and miscellaneous rigs up one, respectively.
