The Baker Hughes North American rig count is up 22 rigs in the July 28 week to 1,178, continuing its climb higher in a run that was up 12 of the last 13 weeks, with Canadian drillers dominating since the beginning of June as they resume full operation after their Spring Breakup hiatus. The U.S. count, returning to its upward trajectory after a rare decline in the prior week, was up 8 rigs to 958 and is up 495 rigs from last year at this time. The Canadian count was up 14 rigs to 220 and is up 101 rigs from last year.
For the U.S. count, rigs classified as drilling for oil are up 2 to 766 and gas rigs are up 6 to 192. For the Canadian count, oil rigs are up 11 to 129 and gas rigs are up 3 to 91.