Baker Hughes: North America Rig Count Down 8 on Week


   
Barani Krishnan
DTN Refined Fuels Market Reporter

   SECAUCUS, NJ (DTN) -- North American energy drilling activity fell by eight 
rigs this week, adding to the prior week's 11-rig drop, according to Baker 
Hughes' weekly rig count report released Friday (3/6).

   The report showed the regional rig count at 756 in the current week, versus 
764 the week prior. Year-over-year, rigs for Canada and the U.S. combined were 
down 70 from the 826 actively deployed in the same week of 2025.

   As with the recent trend, this week's change was driven almost by Canada, 
where the rig count fell by nine -- one more than regional count -- to stand at 
205, from a prior 214.  Canada lost six rigs in oil and four in gas while 
gaining one miscellaneous rig, bringing the net loss on its side to nine.

   The U.S. rig count rose by one, resulting in the regional decline of eight. 
Land and offshore U.S. rigs rose by one each to 532 and 18, respectively. 
Inland water rigs fell by one to stand at a net one.

   By trajectory, directional rigs in the U.S. fell by five to 50. Horizontal 
and vertical rigs rose by two and one, respectively, to stand at 485 and 13.

   Year-over-year, the U.S. rig count was lower by 41 from the 592 actively 
deployed a year ago.




(c) Copyright 2026 DTN, LLC. All rights reserved.