Baker Hughes: Weekly North America Rig Count Up by 1


   
Barani Krishnan
DTN Refined Fuels Market Reporter

   SECAUCUS, NJ (DTN) -- North American energy drilling activity rose by one 
rig this week, according to Baker Hughes' weekly report released Friday (4/24).

   The report shows the regional rig count at 674 in the current week, compared 
to 673 recorded the previous week. Rigs for Canada and the U.S. combined were 
lower by 41 than the 715 actively deployed in the same week of last year.

   This week's change was driven by a modest gain in the U.S., where the count 
rose by one to 544. In Canada, the count remained unchanged from the previous 
week at 130, up from 128 a year ago.

   A year ago, U.S. rigs totaled 587. This week in the U.S., rigs in inland 
waters remained unchanged at two; rigs on land rose by two to 531 while 
offshore rigs dropped by one to 11.

   By trajectory, directional rigs in the U.S. fell by one to 45, while 
horizontal rigs rose by two to 484 and vertical rigs remained unchanged at 12.




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