Canada
February 28, 2025
Drill rig activity increases slightly in US and Canada
Written by Brett Linton
The number of active oil and gas rigs in the US and Canada increased marginally this week, according to Baker Hughes. US rig counts remain just above multi-year lows, while activity in Canada is within earshot of a seven-year high.
The US had 593 rigs in operation in the week ended Feb. 28, up by one from the previous week and up from the three-year low of 576 in late January. US drilling activity has remained at reduced levels since June 2024.
