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    September 22, 2013

    U.S. Rig Count Down 98 While Canada Up 25

    Written by Brett Linton

    According to Baker Hughes data from September 20th, 2013, the U.S rig count for this week is 1,761 rigs exploring for or developing oil or natural gas. This count is a decrease of 7 rigs when compared to last week, with oil rigs up 8 to 1,369 rigs, gas rigs down 15 to 386 rigs, and miscellaneous rigs unchanged at 6 rigs. Compared to last year the 1,761 count is a decrease of 98 rigs, with oil rigs down by 33, gas rigs down by 68, and miscellaneous rigs up by 3.

    The Canadian rig count increased by 8 to 388 rigs this week, with oil rigs up 5 to 243 rigs, and gas rigs up 3 to 145 rigs. Compared to last year the 388 count is an increase of 25 rigs, with oil rigs down by 27 and gas rigs up by 52. International rigs decreased by 38 to 1,267 rigs for the month of July, an increase of 6 rigs from the same month one year ago.

    Brett Linton

    Brett Linton is a digital operations analyst for Steel Market Update, where he began his career. Linton has been in the steel industry since 2010. He has held roles as a category manager and strategic insights director at Reibus before returning to SMU in 2024. He is a graduate of The University of North Georgia with a degree in Finance and Accounting. Brett can be reached at brett@steelmarketupdate.com or 724-314-0179.

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