CALGARY, AB (BHI Rig Count – November 25, 2015) – RigER presents Canadian Drilling Rigs Activity Report.
Drilling Rigs Activity Report
Canadian Rig Count is up 18 rigs from last week to 184,
with oil rigs up 14 to 81, and gas rigs up 4 to 103.
Active Drilling Rigs in Western Canada
Active Drilling Rig By Province
Western Canadian Land Rigs Count is up 18 rigs to 184:
Alberta – 119
British Columbia – 29
Manitoba – 3
Saskatchewan – 33
This Year vs Previous Years
Canadian Rig Count is down 254 rigs from last year at 438, with oil rigs down 148, and gas rigs down 106.
Oil / Gas Split
Current Oil / Gas split is 44% / 56%.
Canadian Oil and Gas Drilling Rigs
BHI Rig Count: U.S. -13 to 744 rigs
U.S. Rig Count is down 13 rigs from last week to 744, with oil rigs down 9 to 555, and gas rigs down 4 to 189.
U.S. Rig Count is down 1,173 rigs from last year at 1,917, with oil rigs down 1,017, and gas rigs down 155.
The U.S. Offshore rig count is 30, unchanged from last week, and down 24 rigs year over year.
RigER has issued 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.