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    July 14, 2023

    Rig Count Down in US, Up in Canada

    Written by Becca Moczygemba

    After seeing an increase last week, the active rig count in the US is back down. Canada’s rig count, however, saw an increase from the previous week, according to the latest data from oilfield services company Baker Hughes.

    The total US rig count sat at 675 active rigs as of July 14, down five from the week prior. Active oil rigs in the US decreased by three to 537, while active gas rigs dropped by two to 133. Miscellaneous rigs remained steady at five.

    Becca Moczygemba

    Becca Moczygemba is a reporter and editor for Steel Market Update. She has been in the steel industry since 2017, specializing in flat-rolled products. Prior to joining SMU, she held positions at Mitsui & Co. and Kloeckner Metals. Becca has a BA in Organizational/Corporate Communication from the University of Houston and an MBA from Norwich University. Contact Becca at becca@steelmarketupdate.com or 724-720-1000.

    Read more from Becca Moczygemba

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