Analysis
January 9, 2015
Active Oil and Gas Rigs: US Decreases, Canada Increases
Written by Brett Linton
According to Baker Hughes data from January 9th, 2015, the U.S rig count for this week is 1,750 rigs exploring for or developing oil or natural gas. This count is a decrease of 61 rigs when compared to last week, with oil rigs down 61 to 1,421 rigs, gas rigs up 1 to 329 rigs, and miscellaneous rigs down 1 to 0 rigs. Compared to last year the 1,750 count is a decrease of 4 rigs, with oil rigs up by 28, gas rigs down by 28, and miscellaneous rigs down by 4.
The Canadian rig count increased by 158 to 366 rigs this week, with oil rigs up 129 to 181 rigs and gas rigs up 29 to 185 rigs. Compared to last year the 366 count is a decrease of 111 rigs, with oil rigs down by 119 and gas rigs up by 8. International rigs decreased by 11 to 1,313 rigs for the month of December, a decrease of 22 rigs from the same month one year ago. For a history of both the US and Canadian rig count click here.
