Oilfield Services

Weekly Western Canada Rig Activity Review

Drilling rig activity in Western Canada and the Top 10 active operators as of April 12, 2024 as reported this morning by Rig Locator.

April 12, 2024, 11:34 AM MDT


Baker Hughes Rig Count: U.S. Down 3

The U.S. rig count is down three from last week to 617 with oil rigs down two to 506, gas rigs down one to 109 and miscellaneous rigs unchanged at two.

April 12, 2024, 11:14 AM MDT


Weekly Western Canada Rig Activity Review

Drilling rig activity in Western Canada and the Top 10 active operators as of April 5, 2024 as reported this morning by Rig Locator.

April 5, 2024, 11:25 AM MDT


Baker Hughes Rig Count: U.S. Down 1

The U.S. rig count is down one from last week to 620 with oil rigs up two to 508, gas rigs down two to 110 and miscellaneous rigs down one to two.

April 5, 2024, 11:02 AM MDT


Technology Add-Ons, Performance-Based Contracts, Boosting Drilling Contractor Margins

Demand for high tech add-ons that improve drilling performance or help meet environmental concerns is paying off in increased margins for drilling contractors, company executives said in their year-end earnings calls.

April 5, 2024, 6:57 AM MDT


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