Drilling activity slows in US but picks up steam in Canada

Oil and gas drilling in the US slowed for a third consecutive week, while activity in Canada hovered just shy of the 19-week high reached two weeks prior.

The weekly count of active rotary rigs in the US, as reported by oilfield services provider Baker Hughes, ticked down by one to 539 as of Friday, Aug. 8. Active oil rigs increased by one, while gas and miscellaneous rigs both declined by one.

Canada
OCTG
Rig Count
US

Laura Miller

Laura Miller is a reporter and editor for Steel Market Update. She has held various editorial positions with steel industry publications, associations, and mills since 2007. She joined the SMU team in 2022. She is a member of the Association of Women in the Metal Industries and a past-president of the AWMI Pittsburgh Chapter. She holds a BA in Latin American Studies from Edinboro University of Pennsylvania.

Laura Miller

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