US and Canada rig count decreases - week 16, 2026

Monday, 20 April 2026 18:07:30 (GMT+3)   |   San Diego

Baker Hughes has reported that for the week ending on April 17, 2026, the US rotary rig count decreased by two rigs week on week to 543.

The number of rigs drilling for gas decreased by two to 125, while number of rigs drilling for oil decreased by one to 410. The overall US rig count is down by 42 rigs in the year-on-year comparison.

Meanwhile, the Canadian rig count decreased by five to 130 rigs in the week ending April 17. The Canadian rig count decreased by four compared to the same reporting period in the previous year.

BerkArslan
Berk Arslan
Editor

I graduated from University of Illinois at Chicago with a B.S. in Finance, and also have Masters degree from Northeastern Illinois University in Bilingual Bicultural Education and a Masters from Moody Bible Institute in Divinity. I have been in the steel industry since 2019, focusing on long products.  I now write on finished longs in Mexico, and cover market analysis and dynamics in North America.


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