CALGARY, Alberta (September 18, 2015) – RigER presents Canadian Drilling Rigs Activity Report.
Canadian Onshore Rigs Count is up 4 rigs to 180:
Alberta – 125
British Columbia – 30
Manitoba – 6
Saskatchewan – 29
Canadian Rig Count is down 3 rigs from last week to 182, with oil rigs unchanged at 70, and gas rigs down 3 to 112.
Oil / Gas split is 39% / 61%.
Canadian Rig Count is down 195 rigs from last year at 377, with oil rigs down 132, and gas rigs down 63.
RigER has issued weekly Canadian Drilling Rigs Activity Reports as an information service to the oilfield rental industry since 2015.
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.
BHI Rig Count: U.S. -6 to 842 rigs
U.S. Rig Count is down 6 rigs from last week to 842, with oil rigs down 8 to 644, gas rigs up 2 to 198, and miscellaneous rigs unchanged at 0.
U.S. Rig Count is down 1,089 rigs from last year at 1,931, with oil rigs down 957, gas rigs down 131, and miscellaneous rigs down 1.
The U.S. Offshore rig count is 31, unchanged from last week, and down 31 rigs year over year.
Additional information on the rig count is available on Baker Hughes Incorporated rig count website at www.bakerhughes.com/rigcount.