- Analyst Insight

Canadian Rig Count: Six Oil Rigs and One Gas Rig Added This Week

Author Mike Dunn

In Western Canada the oil-directed rig count increased by six this week, to 113 active rigs, which is 32% higher than the prior 10-year high for this time of year, while the gas-directed rig count increased by one to 54 rigs this week, in line with the prior five-year high for this time of year.

- Analyst Insight

Canadian Rig Count - Gas Rigs Up 1, Oil Rigs Down 1 Last Week

Author Mike Dunn

Baker Hughes' Canadian rig count for the week ending Friday May 15 showed the gas-directed active rig count rise by one last week to 48 (vs. 47 this time last year). while the oil-directed active rig count dropped by one to 74 rigs, but is still two rigs above the level a year ago, which was the prior five-year high for this time of year.

- Analyst Insight

U.S. Rig Count Up Three to 547 to Begin May

Author Jeremy Meier

U.S. oil and gas rig count gained three rigs to 547 for the week ending May 1 according to Baker Hughes data, as gains in the Eagle Ford (+1), Haynesville (+1) and All Other (+3) eclipsed declines in Niobrara (-1) and Permian (-1).