US rig count increases, Canada decreases - week 38, 2026

Friday, 18 September 2026 11:59:33 (GMT+3)   |   San Diego

Baker Hughes has reported that for the week ending on September 18, 2026, the US rotary rig count increased by four rigs week on week to 595.

The number of rigs drilling for gas increased by two to 134, while number of rigs drilling for oil increased by two to 452. The overall US rig count is up by 53 rigs in the year-on-year comparison.

Meanwhile, the Canadian rig count decreased by 10 to 197 rigs in the week ending September 18. The Canadian rig count increased by eight compared to the same reporting period in the previous year.

BerkArslan
Berk Arslan
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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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