Baker Hughes: North America Rig Count Down 2 Last week


   
Barani Krishnan
DTN Refined Fuels Market Reporter

   SECAUCUS, NJ (DTN) -- North American drilling activity fell this week, with 
a net loss of two rigs across the U.S. and Canada to 737, according to Baker 
Hughes data released Friday (11/14).

   Total rigs operating in the United States rose by one to 549, while staying 
35 below the same week last year.

   In the U.S., oil-directed rigs rose by three to 417, while gas rigs fell by 
three to 125 week-over-week. Miscellaneous rigs climbed by one to seven.

   On the North American front, land-based drilling was unchanged at 527. 
Offshore activity was flat too at 19 while inland waters saw an addition of one 
rig at three. The Gulf of Mexico rig count saw no change at 12.

   Canada's total rig count fell by three to 188, with oil-directed rigs down 
five at 124. Gas rigs climbed by two to 64. Total rigs for Canada were 12 below 
last year's level.




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