Baker Hughes has reported that for the week ending November 4, the
US rotary rig count increased by 12 to 569 following a four-rig increase the week before. The number of rigs drilling for gas increased by three to 117, while the number of rigs drilling for oil increased by nine to 450. The overall rig count is still down by 202 rigs, year-on-year.
Meanwhile, the Canadian rig count increased by one to 154 rigs in the week ending November 4, following a 10-rig increase week before. The Canadian rig count is now down by 31 from the same week a year ago.