International Steel Prices
March 31, 2023
Rig Counts Down in US and Canada
Written by Becca Moczygemba
Rig counts are down in the US and Canada this week, according to the latest data from oilfield services company Baker Hughes.
The total US rig count was 755 for the week ended March 31, down three rigs from the week prior. The number of active oil rigs in the US dropped by one from the prior week’s 593. The number of gas rigs fell by two to 160. Compared to this time last year, the US count is up by 82 rigs, with oil rigs up 59, gas rigs up 22, and miscellaneous rigs up one, respectively.
