This article was first published on Rigzone here
North America added six rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was published on October 30.
Although the total U.S. rig count remained flat week on week, the total Canada rig count rose by six rigs during the same period, pushing the total North America rig count up to 829, comprising 603 rigs from the U.S. and 226 rigs from Canada, the count outlined.
The total U.S. rig count of 603 comprised 588 land rigs, 14 offshore rigs, and one inland water rig, according to the count, which revealed that the total U.S. rig count is made up of 462 oil rigs, 130 gas rigs, and 11 miscellaneous rigs. The total U.S. rig count also comprised 527 horizontal rigs, 52 directional rigs, and 22 vertical rigs, the count showed.
Week on week, the U.S. offshore rig count rose by one, its land rig count dropped by one, and its inland water rig count remained flat, Baker Hughes highlighted. The U.S. oil rig count rose by two week on week, its gas rig count dropped by two, and its miscellaneous rig count remained unchanged during the same period, the count showed. The U.S. horizontal rig count dropped by one week on week, its directional rig count dropped by two, and its vertical rig count rose by one during the same period, the count revealed.
A major state variances subcategory included in Baker Hughes’ latest rig count showed that, week on week, Wyoming added two rigs, New Mexico added one rig, Texas dropped two rigs, and Utah dropped one rig. A major basin variances subcategory included in the rig count showed that, week on week, the Haynesville and Eagle Ford basins each dropped one rig.
Canada’s total rig count of 226 is made up of 154 oil rigs, 68 gas rigs, and four miscellaneous rigs, Baker Hughes pointed out. Week on week, the country’s gas rig count rose by three, its oil rig count rose by two, and its miscellaneous rig count rose by one, the count revealed.
The total North America rig count is up 96 rigs compared to year ago levels, according to Baker Hughes’ count, which showed that the U.S. has added 57 rigs and Canada has added 39 rigs, year on year. The U.S. has added 48 oil rigs, five gas rigs, and four miscellaneous rigs, while Canada has added 27 oil rigs, eight gas rigs, and four miscellaneous rigs, year on year, the count outlined.
Previous Counts
In its previous count, which was published on October 23, Baker Hughes revealed that North America added three rigs week on week. Although the total U.S. rig count remained flat week on week, the total Canada rig count rose by three rigs during the same period, that count showed.
Baker Hughes’ October 16 count revealed that North America dropped five rigs week on week and marked the end of a recent rig addition streak. The company’s October 9 rig count showed that North America added 11 rigs week on week, its October 2 count showed that North America added seven rigs week on week, and its September 25 rig count revealed that North America added 15 rigs week on week.
In its September 18 rig count, Baker Hughes showed that North America dropped six rigs week on week. The company’s September 11 rig count revealed that North America added six rigs week on week. That rig count marked the break of a recent rig loss streak.
The company’s September 4 count revealed that North America dropped seven rigs week on week, its August 28 rig count showed that North America dropped five rigs week on week, and its August 21 count showed that North America dropped eight rigs week on week.
Baker Hughes’ August 14 rig count revealed that North America added eight rigs week on week and its August 7 rig count showed that North America dropped three rigs week on week. Prior to its August 7 count, Baker Hughes’ rig counts showed a series of North America rig additions.
The company’s July 31 count revealed that North America added 16 rigs week on week, its July 24 rig count showed that North America added five rigs week on week, and its July 17 count revealed that North America added 26 rigs week on week. Prior to that week on week increase, the last time Baker Hughes’ North America rig count showed a week on week increase was back in June.
Baker Hughes’ July 10 count showed that the total North America rig count dropped by 10 week on week and its July 2 rig count revealed that the total North America rig count remained unchanged week on week. Before the July 2 rig count, Baker Hughes’ North America rig count had risen for eight consecutive weeks.
Baker Hughes’ June 26 rig count showed that North America added 21 rigs week on week, its June 18 count showed that North America added seven rigs week on week, its June 12 rig count revealed that North America added 10 rigs week on week, its June 5 count showed that North America added eight rigs week on week, its May 29 rig count showed that North America added 28 rigs week on week, its May 22 rig count showed that North America added 21 rigs week on week, its May 15 rig count revealed that North America added three rigs week on week, and its May 8 rig count showed that North America added two rigs week on week.
Baker Hughes’ May 1 rig count showed that North America dropped four rigs week on week and its April 24 rig count showed that North America added one rig week on week. Prior to this, Baker Hughes’ rig counts showed a spate of weekly losses.
The company’s April 17 rig count revealed that North America dropped seven rigs week on week, its April 10 rig count showed that North America dropped 10 rigs week on week, its April 2 rig count revealed that North America dropped six rigs week on week, its March 27 rig count revealed that North America dropped 33 rigs week on week, its March 20 rig count outlined that North America dropped 21 rigs week on week, its March 13 count showed that North America dropped six rigs week on week, its March 6 rig count showed that North America dropped eight rigs week on week, and its February 27 rig count showed that North America dropped 11 rigs week on week.
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Baker Hughes’ February 20 rig count showed that North America added two rigs week on week.
Monthly Rig Count Summary Figures
According to monthly rig count summary figures in Baker Hughes’ latest count, the North America rig count stood at 822 in October 2026, 797 in September 2026, 805 in August 2026, 783 in July 2026, 748 in June 2026, 687 in May 2026, 679 in April 2026, 733 in March 2026, 773 in February 2026, 742 in January 2026, and 718 in December 2025. The latest count outlined that the North America rig count stood at 739 in November 2025, 741 in October 2
Source: finance.yahoo.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.
