US rig count increases while Canadian decreases - week 14, 2026

Monday, 06 April 2026 18:06:21 (GMT+3)   |   San Diego

Baker Hughes has reported that for the week ending on April 2, 2026, the US rotary rig count increased by five rigs week on week to 548.

The number of rigs drilling for gas increased by three to 130, while number of rigs drilling for oil increased by two to 411. The overall US rig count is down by 42 rigs in the year-on-year comparison.

Meanwhile, the Canadian rig count decreased by 11 to 142 rigs in the week ending April 2. The Canadian rig count decreased by 11 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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