US and Canadian rig count increase - week 11, 2026

Monday, 16 March 2026 20:44:56 (GMT+3)   |   San Diego

Baker Hughes has reported that for the week ending on March 13, 2026, the US rotary rig count increased by two rigs week on week to 553.

The number of rigs drilling for gas increased by one to 133, while number of rigs drilling for oil increased by one to 412. The overall US rig count is down by 39 rigs in the year-on-year comparison.

Meanwhile, the Canadian rig count decreased by eight to 197 rigs in the week ending March 13. The Canadian rig count decreased by two 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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