US rig count and Canadian rig count both increase - week 5, 2026

Tuesday, 03 February 2026 06:43:10 (GMT+3)   |   San Diego

Baker Hughes has reported that for the week ending on January 30, 2026, the US rotary rig count increased by 2 to 546.

The number of rigs drilling for gas increased by 3 to 125 and the number of rigs drilling for oil decreased by 1 to 421. The overall US rig count is down by 36 rigs in a year-on-year comparison.

Meanwhile, the Canadian rig count increased by 1 to 232 rigs in the week ending January 30. The Canadian rig count decreased by 26 compared to the same reporting period in the previous year.

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