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International Market Loses 29 Rigs; Permian, MissLime Plays See Drop

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International Market Loses 29 Rigs; Permian, MissLime Plays See Drop

According to Baker Hughes' November 20, 2015 rig count report, rigs counts have dropped by -10 overall across the domestic market, while Canada lost -10 rigs and the International market -29.

Overall, -6 horizontal and -1 vertical rigs were taken down this week. The Barnett and Eagle Ford continue to add a few rigs with 2 added to each play.  The Permian Basin and the Mississsipian lost -4 and -3 rigs, respectively.

The total year-over-year (YOY) rig count drop is now at 1,172.

The current active rig count in the U.S. is 757.

- Niobrara -1, 27 total

- Barnett 2, 8 total

- Eagle Ford 2, 75 total

- Marcellus 0, 43 total

- Bakken 0, 63 total

- Utica -1, 20 total

- Permian -4, 225 total

- Woodford 1, 33 total

- Miss Lime -3, 9 total

Canada's rig count decreased by -10. The country's rig count…

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