The number of active oil and natural gas rigs in the United States increased for the second consecutive week, up 1.3% from 1,754 to 1,777 for the week ending January 17, 2014.  The count is now some 1.6% above the year-ago level of 1,749.

The highest weekly rig count in the United States since 1940 was recorded on December 28, 1981, at 4,530; the lowest was recorded on April 23, 1999, at 488.

The number of rigs in Canada jumped for the third consecutive week, climbing up 18.5% from 477 last week to 565 this week and reaching the highest count since March 8, 2013.  Despite the increase, the count is some 6.0% below the year-ago level of 601.

The highest rig count for Canada was 727 on February 3, 2006; the lowest was 29, recorded on April 24, 1992.

Source: Baker Hughes Inc.

The number of active oil and natural gas rigs in the United States increased 0.2% from 1,751 to 1,754 for the week ending January 10, 2014.  The count is 0.4% below the year-ago level of 1,761.

The highest weekly rig count in the United States since 1940 was recorded on December 28, 1981, at 4,530; the lowest was recorded on April 23, 1999, at 488.

The number of rigs in Canada jumped 69.2% from 282 last week to 477 this week, reaching the highest count since March 15, 2013.  Despite the rebound, the count is some 10.2% below the year-ago level of 531.

The highest rig count for Canada was 727 on February 3, 2006; the lowest was 29, recorded on April 24, 1992.

Source: Baker Hughes Inc.

The number of active oil and natural gas rigs in the United States decreased 0.3% from 1,757 to 1,751 for the week ending January 3, 2014.  The count is 0.6% below the year-ago level of 1,762.

The highest weekly rig count in the United States since 1940 was recorded on December 28, 1981, at 4,530; the lowest was recorded on April 23, 1999, at 488.

The number of rigs in Canada rose 7.2% to 282 this week, climbing from a six-month low of 263 last week.  The count is also some 9.3% above the year-ago level of 258.

The highest rig count for Canada was 727 on February 3, 2006; the lowest was 29, recorded on April 24, 1992.

Source: Baker Hughes Inc.

The number of active oil and natural gas rigs in the United States fell from last week’s four-month high, decreasing 0.8% from 1,782 to 1,768 for the week ending December 20, 2013.  The count is a mere 0.3% below the year-ago level of 1,774.

The highest weekly rig count in the United States since 1940 was recorded on December 28, 1981, at 4,530; the lowest was recorded on April 23, 1999, at 488.

The number of rigs in Canada also fell, dropping 6.6% from last week’s nine-month high of 426 to 398 this week.  Despite the decrease, the count is some 3.6% above the year-ago level of 384.

The highest rig count for Canada was 727 on February 3, 2006; the lowest was 29, recorded on April 24, 1992.

Source: Baker Hughes Inc.

The number of active oil and natural gas rigs in the United States increased for the third consecutive week, up 0.4% from 1,775 to 1,782 for the week ending December 13, 2013 and reaching the highest count since August 16, 2013.  The count is a mere 0.9% below the year-ago level of 1,799.

The highest weekly rig count in the United States since 1940 was recorded on December 28, 1981, at 4,530; the lowest was recorded on April 23, 1999, at 488.

The number of rigs in Canada jumped 6.0% from 402 to 426 this week, climbing for the third consecutive week and reaching the highest count since March 15, 2013.  The count is now 1.9% above the year-ago level of 418.

The highest rig count for Canada was 727 on February 3, 2006; the lowest was 29, recorded on April 24, 1992.

Source: Baker Hughes Inc.