Baker Hughes Rig Count: U.S. +7 to 592 Canada -11 to 194

U.S. Rig Count is up 7 from last week to 589 with oil rigs up 5 to 482, gas rigs up 2 to 102 and miscellaneous rigs unchanged at 5.

Canada Rig Count is down 11 from last week to 194, with oil rigs down 10 to 124, gas rigs unchanged at 70 and miscellaneous rigs down 1 to 0.

International Rig Count is down 31 rigs from last month to 919 with land rigs down 14 to 712, offshore rigs down 17 to 207. International Rig Count is down 59 rigs from last year’s count of 978, with land rigs down 46, offshore rigs down 13.

The U.S. Offshore Rig Count is unchanged at 16, down 5 year-over-year.

The Worldwide Rig Count for October was 1,754, up 4 from the 1,751 counted in September 2024, and down 22, from the 1,776 counted in October 2023.

Region Period Rig Count Change
U.S.A 06 December 2024 589 +7
Canada 06 December 2024 194 -11
International November 2024 919 -31
Baker Hughes

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