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    Baker Hughes: North American rig count increased by 33

Summary

Upstream work in Canada helped push the North American rig count higher.

by: Daniel Graeber

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Complimentary, Natural Gas & LNG News, Americas, Corporate, Exploration & Production, Shale Gas , Shale Oil, News By Country, Canada, United States

Baker Hughes: North American rig count increased by 33

Baker Hughes reported June 18 that increased drilling activity in Canada helped push the North American rig count higher, to 587, for the week.

The total Canadian rig count for the week ending June 18 was 117, up 24 from the previous period. Oil rigs increased by 15 to reach 74, while natural rigs increased by nine to reach 43.

No Canadian province saw a decline in from the previous week. Alberta led the gains, with the 71 rigs in service representing an increase from the 52 reported for the week ended June 9.

British Colombia saw rig activity increase by three to 14, while Manitoba and Saskatchewan each gained one to reach three and 27, respectively. The rig count off the coast of Newfoundland remained unchanged at two.

Using data provided by Enverus, Baker Hughes does not break down oil and gas activity to the provincial level in Canada. Nation-wide, 63.2% of the upstream work in Canada was focused on oil and 36.8% was in natural gas.

In the US, the total rig count increased by nine from the previous week to reach 470. Oil rig activity led the gains with the addition of eight rotary rigs in service, bringing the total to 373. Gas activity increased by one to 97.

By basin, the Denver-Julesburg/Niobrara basin, situated predominately in eastern Colorado, led the gains in oil with the addition of three rigs, bringing the total to nine. Colorado is the fifth-largest oil producer in the United States.

The Permian basin saw upstream work in oil increase by one to 237.

The Granite Walsh in the broader Anadarko basin, largely in Oklahoma, saw rig activity increase by one to reach two, while the Williston basin, which includes the Bakken formation in North Dakota, had a gain of one to reach 17.

Three more oil rigs were in place outside the primary US shale basins. Only the Eagle Ford shale saw a decline, of one to reach 31.

For natural gas, the loss of one rig in the Marcellus play, within the broader Appalachia shale, was offset by a gain of one rig in Utica, also in Appalachia, and one other rig outside the main US shale basins.

All 13 rigs offshore in the Gulf of Mexico were in oil, a level unchanged from the previous week.

All told, 79.4% of the US upstream work was in oil, with 20.6% in natural gas.