For the week ending May 04, 2012 the total Canadian rotary rig count was 131 down 3 rigs from the previous week. Compared to last year, there were -12 fewer rigs drilling for oil & gas, a net decrease of -8.4% year over year.
Rig Counts by Location
- The Canadian land rig count was down -2.26% this week, down 3 rigs
from last week to 130 total rigs running representing an annualized change of -8.45%.
- The Canadian offshore rig count was unchanged this week.
| | Rotary Rig Counts | | Change | | Change % |
|---|
| 2012-05-04 | Week Ago | Year Ago | | Weekly | Annual | | Weekly | Annual |
|---|
| Land Rigs | 130 | 133 | 142 | | -3 | -12 | | -2.26% | -8.45% |
| Offshore Rigs | 1 | 1 | 1 | | 0 | 0 | | 0.00% | 0.00% |
| Total | 131 | 134 | 143 | | -3 | -12 | | -2.24% | -8.39% |
Rig Counts by Type
- The Canadian rig count drilling for oil was up 1.32% this week, up 1 rigs from
last week to 77 total rigs running representing an annualized change of 5.48%.
- The Canadian rig count drilling for gas was down -6.90% this week, down 4 rigs
from last week to 54 total rigs running representing an annualized change of -22.86%.
| | Rotary Rig Counts | | Change | | Change % |
|---|
| 2012-05-04 | Week Ago | Year Ago | | Weekly | Annual | | Weekly | Annual |
|---|
| Oil | 77 | 76 | 73 | | 1 | 4 | | 1.32% | 5.48% |
| Gas | 54 | 58 | 70 | | -4 | -16 | | -6.90% | -22.86% |
| Total | 131 | 134 | 143 | | -3 | -12 | | -2.24% | -8.39% |
Canadian Rig Count Distribution by Province
- The Canadian rotary rig counts are updated weekly at 12:00 Central Time.
- Rotary Rig Count data is provided by and copyright:Baker Hughes, Inc.
