Drilling Rigs Activity Report – March 11, 2016

CALGARY, AB (BHI Rig Count – March 11, 2016) – RigER presents North America Drilling Rigs Activity Report.

North America Drilling Rigs Activity Report

Rig Count: USA -9 to 480 rigs, Canada -31 to 98 rigs
2016-03-11_RigER_WR-Active_Drilling_Rigs_North_America

 

Canadian Drilling Rigs Activity Report

Canadian Rig Count is down 31 rigs from last week to 98,
with oil rigs down 22 to 28, and gas rigs down 9 to 70.

 

Active Drilling Rigs in Western Canada

 

 

2016-03-11_RigER_Canadian_Weekly_Active_Drilling_Rigs_Report

 

Active Land Drilling Rigs By Province

Western Canadian Land Rigs Count is down 31 rigs to 95:
Alberta – 61
British Columbia – 25
Manitoba – 1
Saskatchewan – 8

 

2016-03-11_RigER_WR2-Active_Drilling_Rigs_Canada_Province

 

Canadian Drilling Season: This Year vs Previous Years

Canadian Rig Count is down 122 rigs from last year at 220, with oil rigs down 57, and gas rigs down 65.

 2016-03-11_RigER_WR3-Canadian_Active_Drilling_Rigs

Canadian Oil / Gas Split

Current Oil / Gas split in Canada is  26% / 74%.2016-03-11_RigER_WR4-Canadian_Oil_Gas_Drilling_Rigs_Split

Canadian Oil and Gas Drilling Rigs

 

2016-03-11_RigER_WR5-Canadian_Oil_Gas_Drilling_Rigs

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U.S. Drilling Rigs Activity Report

U.S. Rig Count is down 9 rigs from last week to 480,
with oil rigs down 6 to 386, and gas rigs down 3 to 94.

2016-03-11_RigER_WR6-Active_Drilling_Rigs_USA_Texas

 

Texas has 45% of US Drilling Activity

U.S. Active Drilling Rig By States

Texas – 215

Oklahoma – 67
Louisiana – 49
North Dakota – 32
Pennsylvania – 19

Colorado – 17
New Mexico – 15
West Virginia – 12
Alaska – 12
Ohio – 11

Wyoming – 9
Kansas – 9
California – 7
Nebraska – 2
Mississippi – 2

Kentucky – 1
Utah -1

Active Drilling Rigs in Next 10 States

2016-03-11_RigER_WR8-Active_Drilling_Rigs_Top10

U.S. Rig Count is down 645 rigs from last year at 1,125,
with oil rigs down 480, gas rigs down 163, and miscellaneous rigs down 2.

 

US Oil / Gas Split

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

2016-03-11_RigER_WR9-US_Oil_Gas_Drilling_Rigs_Split


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.

RigER_Boost_Oilfield_Rentals

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.

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