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    October 15, 2013

    U.S. Rig Count Down 92, Canada Down 4 Over Levels Last Year

    Written by Brett Linton

    According to Baker Hughes data from October 11th, 2013, the U.S rig count for this week is 1,743 rigs exploring for or developing oil or natural gas. This count is a decrease of 13 rigs when compared to last week, with oil rigs down 5 to 1,367 rigs, gas rigs down 9 to 369 rigs, and miscellaneous rigs up 1 to 7 rigs. Compared to last year the 1,743 count is a decrease of 92 rigs, with oil rigs down by 44, gas rigs down by 53, and miscellaneous rigs up by 5.

    The Canadian rig count decreased by 4 to 357 rigs this week, with oil rigs up 5 to 214 rigs, and gas rigs down 9 to 143 rigs. Compared to last year the 357 count is a decrease of 4 rigs, with oil rigs down by 62, gas rigs up by 60, and miscellaneous rigs down by 2. International rigs increased by 17 to 1,284 rigs for the month of September, an increase of 30 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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