US and Canadian rig count decrease - week 12, 2026

Monday, 23 March 2026 00:44:57 (GMT+3)   |   San Diego

Baker Hughes has reported that for the week ending on March 20, 2026, the US rotary rig count decreased by one rig week on week to 552.

The number of rigs drilling for gas decreased by two to 131, while number of rigs drilling for oil increased by two to 414. The overall US rig count is down by 41 rigs in the year-on-year comparison.

Meanwhile, the Canadian rig count decreased by 20 to 177 rigs in the week ending March 20. The Canadian rig count decreased by three compared to the same reporting period in the previous year.

Tags: US North America 
BerkArslan
Berk Arslan
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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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