US and Canadian rig counts return to slight week-on-week uptrend

Friday, 29 October 2021 21:16:55 (GMT+3)   |   San Diego
       

Baker Hughes has reported that for the week ending October 29, the US rotary rig count increased by two to 544 rigs. The number of rigs drilling for gas increased by one to 100, while the number of rigs drilling for oil increased by one to 444. The overall rig count is now up by 248 rigs in a year-on-year comparison.

Meanwhile, the Canadian rig count increased by two to 166 rigs in the week ending October 29. The Canadian rig count is now up by 80 rigs compared to the same week a year ago.


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