Steel Products
July 31, 2023
Rig Counts: US Drops, Canada Sees Modest Increase
Written by Becca Moczygemba
The rig count roller coaster continues, with numbers dropping in the US but inching up in Canada this week, according to the latest data from oilfield services company Baker Hughes.
The total US rig count dipped to 664 active rigs as of July 28, down five from the week prior. Active oil rigs in the US decreased by one to 529 in the same comparison, while active gas rigs dropped by three to 128, and miscellaneous rigs fell by one to a total of seven.
