US rig count unchanged, Canada increases - week 44, 2026

Saturday, 31 October 2026 00:50:52 (GMT+3)   |   San Diego

Baker Hughes has reported that for the week ending on October 30, 2026, the US rotary rig count remained unchanged at 603 rigs week on week.

The number of rigs drilling for gas decreased by two to 130, while number of rigs drilling for oil increased by two to 462. The overall US rig count is up by 57 rigs in the year-on-year comparison.

Meanwhile, the Canadian rig count increased by six to 226 rigs in the week ending October 30. The Canadian rig count increased by 39 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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