Baker Hughes: Weekly North America Rig Count Down by 4


   
Maria Eugenia Garcia
DTN Energy Editor

   HOUSTON, TX (DTN) -- North American energy drilling activity fell by four 
rigs this week, according to Baker Hughes' weekly report released Friday (5/1).

   The report shows the regional rig count at 670 in the current week, compared 
to 674 recorded the previous week. Rigs for Canada and the U.S. combined were 
lower by 34 than the 704 actively deployed in the same week last year.

   This week's change was driven by a drop in Canada, where the count fell by 
seven to 123, compared to 120 reported a year earlier. In the United States, 
the count increased by 3 to 547; however, it remained below 584 rigs recorded a 
year ago.

   Rigs in inland waters rose by one to three. In contrast, rigs on land fell 
by six to 525 while offshore rigs climbed by eight to 19.

   By trajectory, directional rigs in the U.S. edged up by five to 45, while 
horizontal rigs fell by four to 480 and vertical rigs remained unchanged at 12 
for the second consecutive week.




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