Active Drill Rigs: US, Canadian Counts Up Modestly

The number of active drilling rigs increased this week in both the US and Canada, according to data from oilfield services company Baker Hughes.

Counts have been trending in different directions in recent weeks. Drilling activity in the US continues to improve, although it is still not back to pre-Covid levels. Canadian rig counts have been roughly flat or declining since October but are in the ballpark with levels seen prior to 2020.

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.