North America Rig Count Rises by 7


   
Kristina Davis
DTN Refined Fuels Market Reporter

   MIAMI, FL (DTN) -- Baker Hughes data released this week show North America's 
active drilling rig count increased by seven to 725 rigs for the week ending 
September 12, lifted by gains in both the United States and Canada.

   U.S. rigs climbed by two to 539, as land rigs increased by two to 524 while 
inland waters and offshore rigs remained unchanged at 2 and 13, respectively. 
The total U.S. rig count remains 51 rigs below last year levels.

   Canadian rigs rose by five to 186. Despite the gain, the count is down by 32 
rigs from the same week last year. Gulf of Mexico rigs were unchanged at 10, 
holding 9 rigs lower compared to last year.

   Oil rigs in the U.S. rose by two to 416 while gas rigs held steady at 118. 
Miscellaneous rigs were unchanged at 5. Among trajectory types, directional 
rigs rose by 2 to 56, horizontal rigs increased by 1 to 471, and vertical rigs 
declined by 1 to 12.

   In Canada, oil rigs climbed by three to 126 and gas rigs rose by one to 59. 
Compared to last year, Canadian oil rigs are down by 24 while gas rigs are off 
by 8.

    




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