Baker Hughes has reported that for the week ending April 15, the
US rotary rig count dropped by three, following a seven-rig decline the week before. This brings the current
US rotary rig count to 440. The number of rigs drilling for gas remained neutral at 89, while the number of rigs drilling for oil declined by three to 351. The overall rig count is still down by 514 rigs, year-on-year.
Meanwhile, the Canadian rig count fell by one in the week ending April 15 to 40, following an eight-rig decrease the week before. The Canadian rig count is now down by 40 from the same week a year ago.