Canada
January 30, 2026
Written by Brett Linton
The latest count of operational oil and gas rigs increased in both the US and Canada this week, according to the latest data released from Baker Hughes.
Total US rig counts rose by two week over week to 546. Although up, this count is just 10 rigs above the near four-year low set last August. It’s also 36 rigs below the same week last year.
Drilling activity increased in the US this week but declined in Canada, according to active oil and gas rig count figures recently released from Baker Hughes. The US rig count rose by four to 595 rigs this week, now at the highest level recorded in over two years. Canadian counts eased to a 10-week low of 197 this week, down 10 rigs from the prior week.
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