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Rig Count: Permian Adds 6 HZ Rigs
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This week, U.S. rig counts posted a gain of +4, while Canada posted a loss of -2. In April 2016, the International market lost -39.
This week, horizontal rigs posted a gain of +5, ending at 319 while vertical rig counts lost -1, ending at 45. The Permian was responsible for the gain in rigs, adding +5 this week.
For the U.S., the total year-over-year (YOY) rig count drop is now at -460. The current active rig count in the U.S. is 408.
Canada's rig count decreased by -2. The country's rig count has fallen by -75 rigs YOY with 41 rigs currently active.
On the International front, rig counts dropped by -39 in April of this 2016, with 946 rigs currently active (a loss of -256 YOY).
- Niobrara 0, 13 total
- Barnett 0, 2 total
- Eagle Ford 0, 29 total
- Marcellus -2, 24 total
- Bakken 0, 22 total
- Utica 0, 11 total
- Permian +5, 142 total
- Woodford -2, 30 total
- Miss Lime 0, 3 total
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