This Weeks Rig Count

Baker Hughes BKR [a GE company] has released this week's rig counts. Here's the numbers for Friday October 19th, 2021.....

Baker Hughes Rig Count: U.S. +7 to 563 Rigs
U.S. Rig Count is up 7 from last week to 563 with oil rigs up 7 to 461, gas rigs unchanged at 102, and miscellaneous rigs unchanged at 0. U.S. Rig Count is up 253 rigs from last year's count of 310, with oil rigs up 230 gas rigs up 26 and miscellaneous rigs down 3. The U.S. Offshore Rig Count is unchanged at 15, up 3 year over year.

Baker Hughes Rig Count: Canada -1 to 167 Rigs
Canada Rig Count is down 1 from last week to 167, with oil rigs up 1 to 102, gas rigs down 2 to 65. Canada Rig Count is up 66 rigs from last year's count of 101, with oil rigs up 60, gas rigs up 6.

SCHEDULE CHANGE: Due to the US Thanksgiving Holiday, the Baker Hughes North America Rig Count for the week ending Friday November 26th 2021, will be published at 1 p.m. Eastern Standard Time on Wednesday November 24th.



Read Chris Vermeulen's Latest Article Kondratieff Full-Season Rotation – Part II

Additional information on the rig count is available here on the Rig Count website.





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