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North America added eight rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was released on July 25.

Although the U.S. dropped two rigs week on week, Canada added 10 rigs during the same period, taking the total North America rig count up to 724, comprising 542 rigs from the U.S. and 182 from Canada, the count outlined.

Of the total U.S. rig count of 542, 526 rigs are categorized as land rigs, 13 are categorized as offshore rigs, and three are categorized as inland water rigs. The total U.S. rig count is made up of 415 oil rigs, 122 gas rigs, and five miscellaneous rigs, according to Baker Hughes’ count, which revealed that the U.S. total comprises 483 horizontal rigs, 47 directional rigs, and 12 vertical rigs.

Week on week, the U.S. land rig count decreased by three, while the country’s inland water rig count increased by one and its offshore rig count remained unchanged, the count highlighted. The country’s gas rig count increased by five, its oil rig count dropped by seven, and its miscellaneous rig count remained the same, week on week, the count showed. The U.S. directional rig count rose by three, its vertical rig count dropped by three, and its horizontal rig count dropped by two, week on week, the count revealed.

A major state variances subcategory included in the rig count showed that, week on week, Texas dropped four rigs, Wyoming dropped two rigs, and New Mexico and Alaska each dropped one rig. Colorado was shown to have added three rigs, Louisiana was shown to have added two rigs, and Pennsylvania was shown to have added one rig, week on week.

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Permian basin dropped three rigs and the Eagle Ford basin dropped two rigs. The Marcellus basin and the DJ-Niobrara basin were each shown to have added one rig week on week.

Canada’s total rig count of 182 is made up of 128 oil rigs and 54 gas rigs, Baker Hughes pointed out. The country’s oil rig count increased by eight week on week and its gas rig count rose by two during the period, the count revealed.

The total North America rig count is down by 76 rigs compared to year ago levels, according to Baker Hughes’ count, which showed that the U.S. has cut 47 rigs and Canada has cut 29 rigs, year on year. The U.S. has dropped 67 oil rigs and one miscellaneous rig, and added 21 gas rigs, while Canada has dropped 16 oil rigs and 13 gas rigs, year on year, the count outlined.

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