Baker Hughes has reported that for the week ending August 18 the US rotary rig count decreased by three to 946 rigs following a five-rig decrease the week before. The number of rigs drilling for gas increased by one to 182 while the number of rigs drilling for oil decreased by five to 763. The overall rig count is now up by 455 rigs in a year-on-year comparison.
Meanwhile, the Canadian rig count decreased by six to 214 rigs in the week ending August 18, following a three-rig increase the week before. The Canadian rig count is now up by 93 rigs from the same week a year ago.