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.





