Baker Hughes: North America Rig Count Down 13 on Week


   
Barani Krishnan
DTN Refined Fuels Market Reporter

   SECAUCUS, NJ (DTN) -- North American drilling activity experienced a net 
loss of 13 rigs this week, after being unchanged the prior week, according to 
Baker Hughes' weekly rig count report released on Friday (12/19) showed.

   Total rigs operating across the U.S. and Canada fell to 727 from the prior 
week's 740, the report showed. Year-on-year, North American rigs were down by 
28 from the 755 noted for the same week of last year.

   Rigs operating in the United States fell by six in the profiled week to 542. 
Year-on-year, U.S. rigs were lower by 47 from the prior count of 589 during the 
same week of last year.

   U.S. oil-directed rigs fell by eight to 406 for the week. Gas rigs were 
unchanged at 127. Miscellaneous rigs were up by 2 to 9.

   In North America, land-based drilling activity fell by four rigs to stand at 
524 for the week. Offshore activity declined by 2 rigs to settle at 15. 
Activity in inland waters was unchanged for a second straight week at three. 
The Gulf of Mexico rig count slid by 2 to stand at 8.

   Canada's total rig count fell by seven week-on-week to 185, with 
oil-directed rigs fell by 4 to 119. Gas rigs slid by three to 66. Total rigs 
for Canada were 19 above last year's level of 166.

    




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