North America Drilling Rigs Activity Report – April 29, 2016

CALGARY, AB (BHI Rig Count – April 29, 2016) – RigER presents North America Drilling Rigs Activity Report.

Rig Count: U.S. -11 to 420 rigs, Canada -3 to 37 rigs

Canadian Drilling Rigs Activity Report

Canadian Rig Count is down 3 rigs from last week to 37,
with oil rigs down 2 to 10, gas rigs down 1 to 26, and miscellaneous rigs unchanged at 1.

Active Drilling Rigs in Western Canada

Active Land Drilling Rigs By Province

Western Canadian Land Rigs Count is down 1 rig to 35:
Alberta – 26
British Columbia – 6
Manitoba – 0
Saskatchewan – 3

Canadian Drilling Season: This Year vs Previous Years

Canadian Rig Count is down 42 rigs from last year at 79, with oil rigs down 7, gas rigs down 36, and miscellaneous rigs up 1.

Canadian Oil / Gas Split

Current Oil / Gas split in Canada is  29% / 71%.

Canadian Oil and Gas Drilling Rigs

U.S. Drilling Rigs Activity Report

U.S. Rig Count is down 11 rigs from last week to 420,
with oil rigs down 11 to 332, gas rigs down 1 to 87, and miscellaneous rigs up 1 to 1.

Texas has 44% of US Drilling Activity

U.S. Active Drilling Rig By States

Texas – 185

Oklahoma – 60
Louisiana – 45
North Dakota – 26
New Mexico – 16

Colorado – 16
Pennsylvania – 16
Ohio – 11
West Virginia – 10
Wyoming – 8

Alaska – 7
Kansas – 4
California – 4
Mississippi – 3
Kentucky – 3

Utah -2
Alabama – 1
Nebraska – 1
Hawaii – 1
Illinois – 1

Active Drilling Rigs in Next 10 States

U.S. Rig Count is down 485 rigs from last year at 905,
with oil rigs down 347, gas rigs down 135, and miscellaneous rigs down 3.

US Oil / Gas Split

Current Oil / Gas split in USA is 79% / 21%.

RigER providing 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.

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.