Drilling Rigs Activity Report – Оctober 9, 2015

CALGARY, Alberta (Оctober 9, 2015) – RigER presents Canadian Drilling Rigs Activity Report.

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Canadian Onshore Rigs Count is up 3 rigs to 179:
Alberta – 114
British Columbia – 32
Manitoba – 2
Saskatchewan – 31

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Canadian Rig Count is up 1 rig from last week to 180, with oil rigs up 4 to 74, and gas rigs down 3 to 106.

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Oil / Gas split is 41% / 59%.

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Canadian Rig Count is down 240 rigs from last year at 420, with oil rigs down 158, and gas rigs down 82.
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RigER has issued weekly Canadian Drilling Rigs Activity Reports as an information service to the oilfield rental industry since 2015. Oilfield equipment rentals market directly depends on Drilling Rigs Activity.

 

 

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The Drilling Rigs Activity Reports are an important business barometer for the drilling industry, oilfield service, rentals and its suppliers. When drilling rigs are active, they consume products and services produced by the oil service industry. The active rig count acts as a leading indicator of demand for products used in drilling, completing, producing and processing hydrocarbons.

Industries usually measure economic impact by approximating a dollar value to represent their purchasing power. The oil and gas industry measures economic impact by counting active rigs. A drilling rig requires many oilfield support services to drill a well. And after the well is complete, other oilfield services go to work to bring the well into production and to maintain it. Rig utilization is the percentage of active rigs. In Canada, rig utilization has a distinct annual cycle.

 

BHI Rig Count: U.S. -14 to 795 rigs
U.S. Rig Count is down 14 rigs from last week to 795, with oil rigs down 9 to 605, gas rigs down 6 to 189, and miscellaneous rigs up 1 to 1.
U.S. Rig Count is down 1,135 rigs from last year at 1,930, with oil rigs down 1,004, gas rigs down 131, and miscellaneous rigs unchanged at 1.
The U.S. Offshore rig count is 32, up 2 rigs from last week, and down 26 rigs year over year.

Additional information on the rig count is available on Baker Hughes Incorporated rig count website at www.bakerhughes.com/rigcount.

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