CALGARY, AB (BHI Rig Count) – RigER presents North America Drilling Rigs Activity Report – July 15, 2016.

North America Drilling Rigs Activity Report

Rig Count: U.S. +7 to 447 rigs, Canada +14 to 95 rigs

Canadian Rig Count is up 14 rigs from last week to 95,
with oil rigs up 7 to 44, gas rigs up 7 to 50,
and miscellaneous rigs unchanged at 1.

Active Drilling Rigs in Western Canada

Active Land Drilling Rigs By Province

Western Canadian Land Rigs Count is up 14 rig to 91:
Alberta – 60
British Columbia – 10
Manitoba – 0
Saskatchewan – 21

Canadian Drilling Season: This Year vs Previous Years

Canadian Rig Count is down 97 rigs from last year’s count of 192,
with oil rigs down 54, gas rigs down 44, and miscellaneous rigs up 1.

Canadian Oil and Gas Drilling Rigs

Current Oil / Gas split in Canada is  47% / 53%.

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U.S. Drilling Rigs Activity Report

U.S. Rig Count is up 7 rigs from last week to 447,
with oil rigs up 6 to 357, gas rigs up 1 to 89, and miscellaneous rigs unchanged at 1.

Texas has 45% of US Drilling Activity

U.S. Active Drilling Rig By States

Texas – 202

Oklahoma – 59
Louisiana – 46
North Dakota – 27
New Mexico – 25

Colorado – 20
Pennsylvania – 14
Ohio – 12
West Virginia – 10
Wyoming – 8

Alaska – 7
California – 5
Utah – 3
Illinois – 3
Mississippi – 2

Kansas – 1
Kentucky – 1
Alabama – 1
Idaho – 1

Active Drilling Rigs in Next 10 States (after Texas)

U.S. Rig Count is down 410 rigs from last year’s count of 857,
with oil rigs down 281, gas rigs down 129, and miscellaneous rigs unchanged at 1.

US Oil / Gas Split

Current Oil / Gas split in USA is 80% / 20%.

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.