Baker Hughes has reported that for the week ending August 19, the
US rotary rig count increased by 10 to 491 following a 17-rig increase the week before. The number of rigs drilling for gas remained steady at 83, while the number of rigs drilling for oil increased by 10 to 406. The overall rig count is still down by 394 rigs, year-on-year.
Meanwhile, the Canadian rig count decreased by five in the week ending August 19 to 121 following a four-rig increase the week before. The Canadian rig count is still down by 87 from the same week a year ago.