Count

The tally of rigs plying unconventional basins held mostly steady from one basin to the next in the latest weekly census by Baker Hughes Inc. The Permian saw the exit of four rigs, making it the biggest loser for the week ending Friday (Dec. 4).

The tally of rigs plying U.S. natural gas plays is off 44% from one year ago, and that’s with a slight uptick of three units in the latest rig census by Baker Hughes Inc. for the week ending Friday (Dec. 4).

The rig count for the shortened Thanksgiving holiday week ending Nov. 25 was down in most domestic unconventional plays and across the United States, but Canada experienced a rare uptick in its rig numbers, according to Baker Hughes Inc.

The rig count for the shortened Thanksgiving holiday week ending Nov. 25 was down in most domestic unconventional plays and across the United States, but Canada experienced a rare uptick in its rig numbers, according to Baker Hughes Inc.

Northeast pipeline constraints and falling rigs in other regions are affecting the natural gas production growth outlook of Barclays analysts. Meanwhile, the rig count for the week ending Nov. 20 sees North America dropping 20 units.

The United States and Canada each lost a net of 10 rigs, according to the most recent Baker Hughes tally for the week ending Nov. 20. All of the departing U.S. rigs were oil-directed. However, in Canada nine natural gas-directed rigs left, but only one oil-focused unit departed.

The United States saw a net loss of four rigs in the most recent county by Baker Hughes Inc. released Friday Nov. 6. That’s a slowing of the decline rate seen in the previous week, but indications are that the count will continue to drop in the weeks ahead.

The pace of decline in the number of active U.S. drilling rigs has slowed a bit, according to the most recent count, but there is still further to fall if the comments of producer and service company executives are a guide.

When Wile E. Coyote falls off a cliff, he hits a branch or two on the way down. The U.S. rig count did that last week, but now it’s plummeting again, according to Baker Hughes Inc.