Baker Hughes has reported that for the week ending on July 24, 2026, the US rotary rig count decreased by one rig week on week to 587.
The number of rigs drilling for gas increased by one to 127, while number of rigs drilling for oil decreased by two to 450. The overall US rig count is up by 45 rigs in the year-on-year comparison.
Meanwhile, the Canadian rig count increased by six to 204 rigs in the week ending July 24. The Canadian rig count increased by 22 compared to the same reporting period in the previous year.
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