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Baker Hughes Rig Count: U.S. -1 to 585 Canada +2 to 219

U.S. Rig Count is down 1 from last week to 585 with oil rigs unchanged at 483, gas rigs down 1 to 97 and miscellaneous rigs unchanged at 5.
Canada Rig Count is up 2 from last week to 219, with oil rigs up 2 to 153, gas rigs unchanged at 66.

The Worldwide Rig Count for July was 1,713, up 7 from the 1,707 counted in June 2024, and down 106, from the 1,819 counted in July 2023.

Region Period Rig Count Change
U.S.A 23 August 2024 585 -1
Canada 23 August 2024 219 +2
International July 2024 934. -23
Baker Hughes

On August 19, CNPC Chairman Dai Houliang met with Mr. Maksat Babayev, State Minister of Turkmenistan and Chairman of the State Concern “Turkmengas”. The two sides exchanged in-depth views on strengthening natural gas cooperation. Mr. Parahat Durdyev, Ambassador of Turkmenistan to China, Mr. Huang Yongzhang, Vice-President of CNPC, and Mr. Wan Jun, Vice-President of PetroChina also attended the event. Source,