Baker Hughes has reported that for the week ending December 23, the
US rotary rig count increased by 16 to 653 following a 13-rig increase the week before. The number of rigs drilling for gas increased by three to 129, while the number of rigs drilling for oil increased by 13 to 523. The overall rig count is now down by 47 rigs, year-on-year.
Meanwhile, the Canadian rig count decreased by 10 to 224 rigs in the week ending December 23, following a four-rig increase the week before. The Canadian rig count is now up by 98 rigs from the same week a year ago.