Drilling Rigs Activity Report – March 18, 2016

CALGARY, AB (BHI Rig Count – March 18, 2016) – RigER presents North America Drilling Rigs Activity Report.

North America Drilling Rigs Activity Report

Rig Count: U.S. -4 to 476, Canada -29 to 69

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Canadian Drilling Rigs Activity Report

Canadian Rig Count is down 29 rigs from last week to 69,
with oil rigs down 16 to 12, and gas rigs down 13 to 57.

 

Active Drilling Rigs in Western Canada

 

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Active Land Drilling Rigs By Province

Western Canadian Land Rigs Count is down 29 rigs to 66:
Alberta – 47
British Columbia – 19
Manitoba – 0
Saskatchewan – 0

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Canadian Drilling Season: This Year vs Previous Years

Canadian Rig Count is down 71 rigs from last year at 140, with oil rigs down 18, and gas rigs down 53.

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Canadian Oil / Gas Split

Current Oil / Gas split in Canada is  13% / 86%.2016-03-18_RigER_WR4-Canadian_Oil_Gas_Drilling_Rigs_Split

Canadian Oil and Gas Drilling Rigs

 

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U.S. Drilling Rigs Activity Report

U.S. Rig Count is down 4 rigs from last week to 476,
with oil rigs up 1 to 387, and gas rigs down 5 to 89.

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Texas has 46% of US Drilling Activity

U.S. Active Drilling Rig By States

Texas – 217

Oklahoma – 66
Louisiana – 49
North Dakota – 31
Pennsylvania – 19

Colorado – 17
New Mexico – 13
West Virginia – 12
Alaska – 12
Ohio – 10

Wyoming – 9
Kansas – 8
California – 7
Mississippi – 2
Nebraska – 1

Kentucky – 1
Utah -1
Alabama – 1

Active Drilling Rigs in Next 10 States

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U.S. Rig Count is down 593 rigs from last year at 1,069,
with oil rigs down 438, gas rigs down 153, and miscellaneous rigs down 2.

 

US Oil / Gas Split

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

2016-03-18_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.

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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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