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Rig Count: Granite Wash Loses 4 Rigs

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Rig Count: Granite Wash Loses 4 Rigs

According to Baker Hughes' April 1, 2016 rig count report, U.S. rig counts have dropped by -14 overall, while Canada reported a decrease, losing -6. In February 2016, the International market lost -27.

Overall, -13 horizontal were taken down this week and 2 vertical rigs added. The Permian lost -2 rigs this week.

For the U.S., the total year-over-year (YOY) rig count drop is now at -578. The current active rig count in the U.S. is 450.

Canada's rig count declined by -6. The country's rig count has fallen by -51 rigs YOY with 49 rigs currently active.

- Niobrara 0, 15 total

- Barnett 0, 6 total

- Eagle Ford 1, 42 total

- Marcellus -1, 29 total

- Bakken -2, 29 total

- Utica 0, 10 total

- Permian -2, 145 total

- Woodford -1, 30 total

- Miss Lime -2, 5 total

On the International front, rig…

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