Canadian Rig Count Summary

Rigs Depart, But Leading Gas Plays Stable in Latest Count

For the week ending Sept. 11, U.S. producers dropped six natural gas-directed rigs, according to the latest count from Baker Hughes Inc. However in Canada, six natural gas rigs were added. Meanwhile, the U.S. Energy Information Administration is projecting continued natural gas price weakness and stubbornly strong production. Read More

Vertical Rigs Stand Up For Count, Horizontals Lie Down

Vertical drilling rigs made a strong return to the oil/gas patch, climbing by 13, according to the latest data from Baker Hughes Inc. released Friday (July 10). It was enough to give the U.S. count of active rigs a tiny nudge up by one and continue a recent climb back from the count's June 19 level, which had set a multi-year low. Read More