Drilling Rigs Activity Report – July 29, 2016

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

Rig Count: U.S. +1 to 463 rigs, Canada +17 to 119 rigs

Canadian Drilling Rigs Activity Report

Canadian Rig Count is up 17 rigs from last week to 119,
with oil rigs up 12 to 60, gas rigs up 5 to 58,
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 17 rig to 116:
Alberta – 79
British Columbia – 13
Manitoba – 3
Saskatchewan – 21

Canadian Drilling Season: This Year vs Previous Years

Canadian Rig Count is down 96 rigs from last year’s count of 119,
with oil rigs down 52, gas rigs down 45, and miscellaneous rigs up 1.

Canadian Oil and Gas Drilling Rigs

Current Oil / Gas split in Canada is  50.4% / 48.7%.

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U.S. Drilling Rigs Activity Report

U.S. Rig Count is up 1 rigs from last week to 463,
with oil rigs up 3 to 374, gas rigs down 2 to 86, and miscellaneous rigs unchanged at 3.

Texas has 46% of US Drilling Activity

U.S. Active Drilling Rig By States

Texas – 214

Oklahoma – 60
Louisiana – 46
New Mexico – 28
North Dakota – 27

Colorado – 21
Pennsylvania – 15
Ohio – 13
West Virginia – 8
Wyoming – 8

CALIFORNIA – 7
ALASKA – 4
ILLINOIS – 3
MISSISSIPPI – 3
UTAH – 2

ALABAMA – 1
IDAHO – 1
KENTUCKY – 1
NEVADA – 1

Active Drilling Rigs in Next 10 States (after Texas)

U.S. Rig Count is down 411 rigs from last year’s count of 874,
with oil rigs down 290, gas rigs down 123, and miscellaneous rigs up 2.

US Oil / Gas Split

Current Oil / Gas split in USA is 81% / 19%.

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.