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    August 23, 2019

    Active Gas & Oil Rig Counts in U.S. and Canada

    Written by Brett Linton

    The U.S. active rotary rig count, an indicator of oil country tubular goods demand, declined this week, according to oilfield services company Baker Hughes. The number of active U.S. rigs fell by 19 to 916, with oil rigs down 16, gas rigs down 3, and miscellaneous rigs unchanged. Compared to this time last year, the 916 count is down 128 rigs, with oil rigs down 106, gas rigs down 20, and miscellaneous rigs down 2. See the first graph below for a history of active U.S. rig counts.

    The Canadian rig count declined this week, down by 3 to 139 rigs, with oil rigs down 6 and gas rigs up 3. Compared to last year, the 139 count is down 90 rigs, with oil rigs down 58 and gas rigs down 32. See the second graph below for a history of active Canadian rig counts.

    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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