US and Canadian rig counts decline again week-on-week

Friday, 29 March 2019 22:15:46 (GMT+3)   |   San Diego
       

Baker Hughes has reported that for the week ending March 29, the US rotary rig count decreased by 10 to 1,006 rigs following a 10-rig decrease the week before. The number of rigs drilling for gas decreased by two to 190, while the number of rigs drilling for oil decreased by eight to 816. The overall rig count is now up by 13 rigs in a year-on-year comparison.

Meanwhile, the Canadian rig count dropped by 17 to 88 rigs in the week ending March 29, following a 56-rig decrease the week before. The Canadian rig count is now down by 54 rigs compared to the same week a year ago.


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