Baker Hughes has reported that for the week ending April 26, 2023, the US rotary rig count decreased by six to 613.
The number of rigs drilling for gas decreased by one to 105, while the number of rigs drilling for oil decreased by five to 506. The overall US rig count is down by 142 rigs in a year-on-year comparison.
Meanwhile, the Canadian rig count decreased by nine to 118 rigs in the week ending April 26. The Canadian rig count is now up by 25 rigs compared to the same reporting period in the previous year.