Canada
March 29, 2026
Written by Brett Linton
The latest count of operational drilling rigs declined in both the US and Canada this week, according to recently released data from Baker Hughes.
The total US rig count fell by nine week over week to 543, the lowest weekly measure seen since the start of the year. US activity is just seven rigs above the near four-year low set last August. This time last year, there were 49 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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