US rig count increases, Canada decreases - week 28, 2026

Friday, 10 July 2026 21:56:06 (GMT+3)   |   San Diego

Baker Hughes has reported that for the week ending on July 10, 2026, the US rotary rig count increased by one rig week on week to 581.

The number of rigs drilling for gas remained unchanged at 126, while number of rigs drilling for oil also remained unchanged at 445. The overall US rig count is up by 44 rigs in the year-on-year comparison.

Meanwhile, the Canadian rig count decreased by 11 to 179 rigs in the week ending July 10. The Canadian rig count increased by 17 compared to the same reporting period in the previous year.

BerkArslan
Berk Arslan
Editor

I graduated from University of Illinois at Chicago with a B.S. in Finance, and also have Masters degree from Northeastern Illinois University in Bilingual Bicultural Education and a Masters from Moody Bible Institute in Divinity. I have been in the steel industry since 2019, focusing on long products.  I now write on finished longs in Mexico, and cover market analysis and dynamics in North America.

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