US rig count trends neutral while Canadian count inches up week-on-week

Friday, 02 December 2022 21:23:10 (GMT+3)   |   San Diego
       

Baker Hughes has reported that for the shortened holiday week ending December 2, 2022, the US rotary rig count remained level at 784 rigs.

The number of rigs drilling for gas stayed at 155, while the number of rigs drilling for oil remained at 627. The overall US rig count is up by 215 rigs in a year-on-year comparison.

Meanwhile, the Canadian rig count increased by one to 193 rigs in the week ending December 2. The Canadian rig count is up by 15 rigs compared to the same reporting period last year.


Similar articles

Turkey’s Borusan Boru posts lower net profit for Q1, sees higher sales revenues

09 May | Steel News

Saudi-based East Pipes to provide coated pipes to local contracting company

08 May | Steel News

France’s steel product import value down 9.6 percent in Jan-February

08 May | Steel News

Vietnam’s Hoa Phat sees 16% rise in steel sales volume in April from March

07 May | Steel News

France’s steel product export value down 9.2 percent in Jan-Feb

07 May | Steel News

EUROFER: Tube output in EU expected to drop in 2024

06 May | Steel News

US rig count decreases week on week, Canadian count rises

06 May | Steel News

US assigns zero dumping margin for welded line pipe from S. Korea

03 May | Steel News

Mexico extends CVD for welded steel pipe from China until 2028

30 Apr | Steel News

Vallourec to supply line pipe for oil and gas project in Guyana

30 Apr | Steel News