Key with business words and rig equipment graphic icons relative to the oil and gas industry. (Photo: PPD/AdobeStock/JEGAS RA)
The Baker Hughes North America Rig Count rose by 7 rigs for the week ending June 22, again fueled by a recovery from recent declines in Canada. The U.S. rig count fell overall by 5, but was easily offset by the Canadian rig count, which rose by 12.
14 at 117
Rigs classified as drilling for oil in Canada increased by 14 to 117 and those classified as gas fell 2 to 55. In the U.S., rigs classified as drilling for oil fell by 4 to 858, while those classified as gas declined by 1 from 187.
The Gulf of Mexico, which is separate from the North America Rig Count, held steady at 18.
