The number of active oil and natural gas rigs in the United States rose 0.7% from 1,742 to 1,754 for the week ending November 8, 2013, increasing for the second week from a seven-month low and becoming a one-month high.  Despite the increase, the count is still some 2.9% below the year-ago level of 1,806.

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 decreased 4.0% from 394 to 378 this week, falling for the second week from a seven-month high.  Despite the decrease, the count is still 2.2% above the year-ago level of 370.

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 rose 0.2% from 1,738 to 1,742 for the week ending November 1, 2013, climbing slightly from last week’s seven-month low.  The count is also some 3.2% below the year-ago level of 1,800.

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 decreased 2.5% from 404 to 394 this week.  Despite the decrease, the count is still 2.9% above the year-ago level of 383.

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 0.1% from 1,739 to 1,738 for the week ending October 28, 2013, staying at the lowest count since April 5, 2013.  The count is also some 4.8% below the year-ago level of 1,826.

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 increased for the second consecutive week, up 4.1% from 388 to 404 this week.  The count is also some 9.2% above the year-ago level of 370.

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 0.7% from 1,756 to 1,743 for the week ending October 11, 2013, falling to the lowest count since April 5, 2013.  The count is also some 5.0% below the year-ago level of 1,835.

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 dropped for the second consecutive week, down 1.1% from 361 to 357 this week.  The count is also some 1.1% below the year-ago level of 361.

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.