Canada lifts North American rig count higher

Baker Hughes reported June 25 that the addition of nine rigs in Canada marked the only net increase in North American drilling activity.

Using data from Enverus, Baker Hughes reported the 124 land rigs and two offshore Canada marked an increase of nine from the previous reporting period ending June 18.

The offshore rig count off Newfoundland has been stable since the beginning of June. Alberta led the weekly gains, with the 76 rigs in service for the week ending June 25 representing an increase of five from the previous week. The rig count in neighbouring Saskatchewan improved by four to reach 31.

Baker Hughes does not break down the oil and gas split by province. Nationwide, 65.1% of the upstream activity in Canada is focused on oil, with the rest in natural gas.

The US rig count was unchanged, but fluid for the shale basins in the Lower 48 states. The Cana-Woodford basin, inside Oklahoma’s broader Anadarko shale reservoir, had the most gains for the week, with the addition of two rigs bringing the total to 17. All of those rigs were working in oil. Gains and losses of one rig across the rest of the nation negated any net increase for the week.

There were 14 rigs offshore in the Gulf of Mexico, an increase from the 13 recorded last week. All of those were working in oil.

US rigs saw a net decline of one in oil and an increase of one in natural gas. In total, 79.1% of the upstream work was focused on oil, with the rest in natural gas in the US.