Drilling Rigs Activity Report – March 31, 2017

CALGARY, AB (BHI Rig Count) – RigER presents North America Drilling Rigs Activity Report – March 31, 2017.

North America Drilling Rigs Activity Report

 

 

Canadian Drilling Rigs Activity Report

 

 

Active Land Drilling Rigs By Province

Western Canadian Land Rigs Count is 154:
Alberta – 123
British Columbia – 28
Saskatchewan – 3

 

 

Canadian Drilling Season: This Year vs Previous Years

Canadian Rig Count is up 106 rigs from last year’s count of 49,
with oil rigs up 44, gas rigs up 62.

 

 

 

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U.S. Drilling Rigs Activity Report

U.S. Rig Count is up 15 rigs from last week to 824,
with oil rigs up 10 to 662, gas rigs up 5 to 160, and miscellaneous rigs unchanged at 2.

 

Texas has 50% of US Drilling Activity

Active Drilling Rigs in Next 10 States (after Texas)

U.S. Rig Count is up 374 rigs from last year’s count of 450,
with oil rigs up 300, gas rigs up 72, and miscellaneous rigs up 2.

 

 


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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