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Baker Hughes Data Shows North America Continues to Ramp Up Rig Count
North America added eight more rigs week on week, the latest rotary rig count from Baker Hughes, which was released on January 26, revealed. The U.S. added one rig and Canada added seven week on week, taking the total North America rig count to 851, comprising 621 rigs from the U.S. and 230 rigs from Canada, the count outlined. Of the total U.S. rig count of 621, 602 are categorized as land rigs and 19 are categorized as offshore rigs. The total U.S. rig count is made up of 499 oil rigs, 119 gas rigs, and three miscellaneous rigs, Baker Hughes revealed. This count comprises 559 horizontal rigs, 49 directional rigs, ... (full story)