Well Service Rig Count

Baker hughes rig counts are published by major newspapers and trade publications are referred to frequently by journalists economists security analysts and government officials and are included in many industry statistical reports.

Well service rig count. All values are averaged over 5 days in order to accurately capture rig count trends. First published for the industry in 1970 the well service rig count quickly became one of the key industry indicators for the north american oil industry. The caodc canadian association of oilwell drilling contractors rig count tallies all currently active rotary drilling rigs in western canada drilling for either oil or natural gas. Us active well service rig count is at a current level of 617 00 up from 549 00 last month and down from 1297 00 one year ago.

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