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HomeNewsEconomyBaker Hughes North American Rig Count Rises for Week Ending September 22

Baker Hughes North American Rig Count Rises for Week Ending September 22

The U.S. flag is displayed at Tesoro's Los Angeles oil refinery in Los Angeles, California. (Photo: Reuters)
The U.S. flag is displayed at Tesoro's Los Angeles oil refinery in Los Angeles, California. (Photo: Reuters)

The U.S. flag is displayed at Tesoro’s Los Angeles oil refinery in Los Angeles, California. (Photo: Reuters)ro

The Baker Hughes North American Rig Count rose for the week ending September 22 as a slight decline in the United States (US) was offset by gains in Canada. For the last 2 weeks, the U.S. has reported more rigs than Canada being added, though both had been adding consistently this year.

The U.S. rig count is down by 1 for the week at 935, but is still up 424 rigs from last year at this time. U.S. rigs classified as drilling for oil were down by 5 to 744, while those classified as gas rigs were up 4 to 190.

The Canadian count is up 8 rigs ovrrall to 220 and is now up 82 rigs from last year. Canadian rigs classified as oil are up 10 to 122, while gas rigs are down by 2 to 98.

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