This article was first published on Rigzone here
North America dropped two rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was published on November 6.
Although the total U.S. rig count added one rig week on week, the total Canada rig count dropped by three rigs during the same period, pushing the total North America rig count down to 827, comprising 604 rigs from the U.S. and 223 rigs from Canada, the count outlined.
The total U.S. rig count of 604 comprised 591 land rigs, 12 offshore rigs, and one inland water rig, according to the count, which revealed that the total U.S. rig count is made up of 463 oil rigs, 131 gas rigs, and 10 miscellaneous rigs. The total U.S. rig count also comprised 529 horizontal rigs, 51 directional rigs, and 21 vertical rigs, the count showed.
Week on week, the U.S. offshore rig count dropped by two, its land rig count rose by three, and its inland water rig count remained flat, Baker Hughes highlighted. The U.S. oil and gas rig counts each rose by one week on week, and its miscellaneous rig count dropped by one during the same period, the count showed. The U.S. horizontal rig count rose by two week on week, and its directional and vertical rig counts each dropped 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, Texas and New Mexico each added two rigs, Utah added one rig, Louisiana dropped three rigs and North Dakota dropped one rig. A major basin variances subcategory included in the count revealed that, week on week, the Granite Wash, Haynesville, and Permian basins each added one rig, and the Williston basin dropped one rig.
Canada’s total rig count of 223 is made up of 154 oil rigs, 66 gas rigs, and three miscellaneous rigs, Baker Hughes pointed out. Week on week, the country’s gas rig count dropped by two, its miscellaneous rig count dropped by one, and its oil rig remained unchanged, the count revealed.
The total North America rig count is up 88 rigs compared to year ago levels, according to Baker Hughes’ count, which showed that the U.S. has added 56 rigs and Canada has added 32 rigs, year on year. The U.S. has added 49 oil rigs, thee gas rigs, and four miscellaneous rigs, while Canada has added 25 oil rigs, four gas rigs, and three miscellaneous rigs, year on year, the count outlined.
Previous Counts
In its previous count, which was published on October 30, Baker Hughes revealed that North America added six rigs week on week. 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, that count showed. Baker Hughes’ October 23 rig count revealed that North America added three rigs week on week.
The company’s October 16 count showed 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 827 in November 2026, 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
Source: finance.yahoo.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.
