Drilling Rigs Activity Report – October 23, 2015

CALGARY, Alberta (Оctober 23, 2015) – RigER presents Canadian Drilling Rigs Activity Report.

Drilling Rigs Activity Report

Canadian Rig Count is up 9 rig from last week at 190,
with oil rigs up 8 to 84, and gas rigs up 1 to 106.

Active Drilling Rig By Province

Western Canadian Land Rigs Count is up 9 rigs to 189:
Alberta – 118
British Columbia – 28
Manitoba – 2
Saskatchewan – 41

This Year vs Last Year

Canadian Rig Count is down 236 rigs from last year at 426, with oil rigs down 148, and gas rigs down 88.

Oil / Gas Split

Current Oil / Gas split is 44% / 56%.

Oil and Gas Drilling Rigs

BHI Rig Count: U.S. Unchanged at 787 rigs

U.S. Rig Count is unchanged from last week at 787, with oil rigs down 1 to 594, and gas rigs up 1 to 193.
U.S. Rig Count is down 1,140 rigs from last year at 1,927, with oil rigs down 1,001, and gas rigs down 139.
The U.S. Offshore rig count is 35, up 2 rigs from last week, and down 20 rigs year over year.

RigER has issued Drilling Rigs Activity Reports as an information service to the oilfield service industry.
Oilfield service and equipment rentals demand directly depends on Drilling Rigs Activity.

Check RigER Features

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.

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