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Rig Count: U.S. Rig Count Steadies, Canada Posts Slim -1 Loss
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This week, U.S. rig counts remained the same, while Canada posted a loss of -1. In April 2016, the International market lost -39.
This week, horizontal rigs stayed constant at 314 while vertical rig counts lost -2, ending at 46.
For the U.S., the total year-over-year (YOY) rig count drop is now at -471. The current active rig count in the U.S. is 404.
Canada's rig count decreased by -1. The country's rig count has fallen by -55 rigs YOY with 43 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 -2, 29 total
- Marcellus 0, 26 total
- Bakken -1, 22 total
- Utica +1, 11 total
- Permian 0, 137 total
- Woodford 0, 32 total
- Miss Lime 0, 3 total
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