American rig count surge

Written by  John McKay
Monday, 03 July 2017
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July 3 (LNGJ) - The latest rig counts show a healthier North American energy industry build up on the production side. Energy services company Baker Hughes said the US rig count was up 509 rigs from last year's count of 431 to total 940 rigs, with oil rigs up 415 to 756 and natural gas rigs up 95 to 184. The Canadian rig count was up 19 rigs from last week to 189, with oil rigs up 14 to 112 and gas rigs up five to 77. The Canadian count is up 113 rigs from last year's 76, with oil rigs up 77 and gas rigs up 37.

 

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