U.S. rig count is up by one from last week, to 931, according to Baker Hughes’ latest rig count data.

One land rig was added. Overall, the change from last year has been a positive gain of 278 rigs from the 653 rigs reported December 23, 2016.

The Gulf of Mexico has maintained 19 rigs this week with no changes. Last year at this time, 24 rigs were up and running in the GOM.

Canada’s rig count is down by 28 from last week, ringing in at 210. Canada is down 14 from the same week in to16.

North America overall has 1141 rigs going, down 27 from last week’s 1168. From a year ago, there are 264 more rigs in operation.

Internationally, rigs went down by 9 from October 2017, clocking in at 942 for November 2017. Compared to November 2016, there are 17 more rigs this year.

Major U.S. basins

  • The Permian holds steady at 398, increasing by one from last week. There are 136 more rigs around this time of year than last year’s 262 count
  • The Cana Woodford had the largest rig count increase this week, adding 4 to last week’s 69 count (totaling 73). A year ago at this time there were 36 rigs, approximately 37 new rigs have been added so far
  • Eagle Ford remains at 70 for this week and last. Last year at this time the count was 44, an increase of 26 rigs
  • The Williston saw an uptick to 49, up by one from last week. Last year around this time there were 32 rigs – an increase of 17
  • Marcellus held steady at 48 from last week. This year’s timeframe compared to last yielded 9 more rigs
  • Haynesville also was stable at 47 and saw no weekly changes. 20 more rigs were in the mix compared to last year’s 27 during this time
U.S. Rig Count Climbs by 1 to 931

Source: Baker Hughes

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