Baker Hughes has reported that for the week ending on January 24, 2025, the US rotary rig count decreased by four to 576.
The number of rigs drilling for gas increased by one to 99 and the number of rigs drilling for oil decreased by one to 477. The overall US rig count is down by 45 rigs in a year-on-year comparison.
Meanwhile, the Canadian rig count increased by sixteen to 245 rigs in the week ending January 24. The Canadian rig count was up by 15 compared to the same reporting period in the previous year.