Service & Supply | Rig Count | Oilfield Services | Drilling Contractor
Seasonal Recovery Big Boost for Canadian Rig Activity
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According to Baker Hughes' January 8, 2016 rig count report, U.S. rig counts have dropped by -34 overall, while Canada saw a huge +83 jump in rigs and the International market -14.
Overall, -30 horizontal and -8 vertical rigs were taken down this week. The Permian lost -8 rigs this week.
The total year-over-year (YOY) rig count drop is now at 1,086.
The current active rig count in the U.S. is 664.
- Niobrara -1, 22 total
- Barnett -1, 6 total
- Eagle Ford -5, 71 total
- Marcellus -4, 37 total
- Bakken -4, 49 total
- Utica -1, 14 total
- Permian -8, 209 total
- Woodford -2, 36 total
- Miss Lime -1, 11 total
Canada's rig count jumped by +83. The country's rig count has fallen by 200 rigs YOY with 166 rigs currently active.
On the International front, rig counts dropped by -14 in December of…
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