Saturday, June 7, 2014

Rig Counts: Oil Rigs Flat, Gas Down 6 Rigs

Baker Hughes rig counts showed oil rigs unchanged for the week, though verticals dropped by 14 and directionals rose by 13.  Gas rig counts were down 6, but 5 of those lost rigs were in offshore and inland waters, so shale basins changed little in total.

In Canada, oil rigs recovered seasonally in Saskatchewan, but both oil and gas rig counts in Alberta were little changed.

Full Reports:

Rig Count Summary

Rig Count by Basin

Rig Count by State

Canada Rig Counts