Active rig count declines in US, Canada
Oil and gas drilling activity slowed in the US and Canada this past week. An unfamiliar trend after both regions saw repeated gains of late.
Tag: oil and gas
Active rig count holds in US but grows in Canada
Oil and gas drilling in the US was unchanged this past week following three straight weeks of declining activity. Canada saw another gain, reaching a 22-week high.
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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.
Active rig counts slipped in US, Canada
Drilling activity slowed in the US and Canada last week, according to the latest oil and gas rig count data released by Baker Hughes.
Active rig counts ease in the US, climb in Canada
Drilling activity slowed in the US and increased in Canada last week, according to the latest oil and gas rig count data released by Baker Hughes.
US drilling activity falls further, climbs in Canada
US oil and gas drilling activity continued to decline for the 11th consecutive week, while Canadian counts climbed for the sixth week in a row, according to the latest data from Baker Hughes.
Drilling activity down further in US, climbs in Canada
The rig count declined for the 10th consecutive week in the US, while Canadian count rose for the fifth straight week, according to Baker Hughes.
Drilling activity eases in US, climbs in Canada
Oil and gas drilling activity declined for the ninth-consecutive week in the US, while Canadian counts rose for the fourth straight week, according to Baker Hughes.
Rig count ticks lower in the US, higher in Canada
Oil and gas drilling activity declined in the US again this week the US, while Canadian counts improved, according to Baker Hughes.
HRC Futures: Could oil, ag price spikes drive steel higher too?
Could we see an abrupt shift now that oil prices have spiked higher? Will we see a rebound in the rig count? Will this create a snap-loading effect (think waterski rope), where the industry suddenly does a 180-degree turn? If so, will that bring with it increased demand for steel products used by the energy industry?
June energy market update
In this Premium analysis we examine North American oil and natural gas prices, drill rig activity, and crude oil stock levels. Trends in energy prices and rig counts serve as leading indicators for oil country tubular goods (OCTG) and line pipe demand.
Drilling activity slows in the US, grows in Canada
Oil and gas drilling activity was mixed this week, according to Baker Hughes. US totals slipped for a sixth straight week, while Canada saw a slight bump in activity.
Drilling activity slows further in US and Canada
Oil and gas drilling activity declined again this week in both the US and Canada, according to Baker Hughes.
Rig counts edge lower in US and Canada
Oil and gas drilling activity declined in both the US and Canada this week, according to Baker Hughes.
Rig counts continue to decline in US and Canada
Oil and gas drilling activity declined again this week in the US and Canada, according to Baker Hughes.
Rig counts trend lower in US and Canada
Oil and gas drilling activity eased in both the US and Canada this week, according to Baker Hughes. US rig counts remain near multi-year lows, and Canadian activity continues its seasonal slowdown.
US rig count up, Canada declines
Oil and gas drilling activity was mixed this week, according to Baker Hughes. US rig counts expanded for a second straight week, while Canadian activity continued its seasonal slowdown of eight consecutive weeks.
April energy market update
In this Premium analysis we examine North American oil and natural gas prices, drill rig activity, and crude oil stocks. Trends in energy prices and rig counts serve as leading indicators for oil country tubular goods (OCTG) and line pipe demand.
Rig counts decline again in US and Canada
Oil and gas drilling activity eased for the third consecutive week in both the US and Canada this week, according to Baker Hughes. US rig counts remain just above multi-year lows, while Canadian activity continues its seasonal slowdown.
Rig counts fall in US and Canada
The number of active oil and gas drill rigs declined this week in both the US and Canada, according to the latest data from Baker Hughes. US rig counts remain just above multi-year lows, while Canadian activity continues its seasonal slowdown.
Active rig counts stable in US, decline in Canada
US rig counts remain slightly above multi-year lows, while Canadian activity is slowing following a seasonal peak.
Oil and gas drilling pulls back considerably in Canada, steady in US
US rig counts remain slightly above multi-year lows, while Canadian activity is tapering off following a seasonal peak.
US rig count holds steady, Canada faces seasonal decline
US rig counts continue to hover slightly above multi-year lows, while Canadian activity is entering a seasonal decline after recently reaching a seven-year high.
Drill rig activity slips in US and Canada
US rig counts remain slightly above multi-year lows, while Canadian activity is experiencing a seasonal decline from a recent seven-year high.
Drill rig activity increases slightly in US and Canada
US rig counts remain just above multi-year lows, while Canadian activity is within earshot of a seven-year high.
US rig counts inch up, Canadian activity falls
US rig counts remain marginally above multi-year lows. The drop in Canadian activity comes just one week after reaching a near seven-year high.
US rig counts decline further, increase in Canada
The number of active oil and gas rigs drilling in the US continued to decline last week, according to Baker Hughes, remaining at a multi-year low. Meanwhile, Canadian drilling activity marched to the beat of a different drum, rising to a near-two-year high this week.
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Active rig counts slip in US, rise in Canada
Oil and gas drilling activity declined in the US this week, while Canadian rig counts saw a rebound, according to the latest data from Baker Hughes.