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U.S. rig count down, Canada rig count up

In the week ending November 10, 2023, the number of rigs drilling in the US decreased by two rigs compared to the previous week, while the number of rigs drilling in Canada increased by three rigs.

U.S. rig count down, Canada rig count up

US drilling rig count decreases by 2

The number of US drilling rigs decreased by two to 616. The number of natural gas rigs remained stable at 118, down by one, while the number of oil rigs decreased by two to 404. The number of drilling rigs in the US decreased by a total of 163 for the year.

Canada's drilling rig count increased by 3 rigs

The number of drilling rigs in Canada increased by three units to 199. The number of drilling rigs in Canada fell by a total of 1 unit y/y.

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