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The U.S. natural gas rig count climbed three units to 88 for the week ending Friday (Jan. 22), helping to extend a trend of steady growth in domestic drilling activity going back to last year, the latest figures from oilfield services provider Baker Hughes Co. (BKR) show. Including the addition of two oil-directed rigs, the combined U.S. rig count rose five units to 378, still 416 rigs behind the 794 rigs active at this time last year, according to the BKR data. The figures are based in part on data provided by Enverus. Still, the domestic drilling total has climbed steadily over the past several months after dropping to 244 last August. Domestic land drilling increased by five units for the most recent week, while the Gulf of Mexico tally remained unchanged at 16. Horizontal units increased by six, offsetting a decline of one vertical unit. In Canada, 11 rigs were added for the week, including six oil-directed and five natural gas-directed units. The Canadian rig count finished the week down 72 units from 244 units active a year ago. The North American rig count ended the week at 550, down from 1,038 at this time last year. There […]
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