Canada
March 13, 2026
Written by Brett Linton
The latest tally of active oil and gas rigs increased in the US this week but declined in Canada, according to figures recently released from Baker Hughes.
Total US rig counts rose by two week over week to a 16-week high of 553. Although up, US activity is just 17 rigs above the near four-year low seen last August. This time last year there were 39 more rigs in operation.
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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