Global Rig Count Update: Stability Abroad, Declines at Home
- Aries One
- Aug 25
- 1 min read
The latest Baker Hughes rig count highlights diverging trends across North America and international markets:
United States: 538 rigs (Week: -1 | Year: -47)
Canada: 180 rigs (Week: -3 | Year: -39)
International: 914 rigs (Month: +1 | Year: -20)
Key Observations
🔽 North America Slows Down: Both the U.S. and Canada continue to post week-over-week declines, reinforcing the broader slowdown in drilling activity that has persisted through 2025. Lower capital spending and cautious operator strategies remain major drivers.
🌍 International Resilience: In contrast, international markets show stability, with a slight month-over-month increase. This reflects ongoing investments in offshore projects, LNG developments, and exploration in regions less impacted by short-term market fluctuations.
⚖️ Market Balancing Act: The contrast highlights the complexity of global energy strategies—while North America scales back, other regions push forward to secure future production and meet rising demand.
Partnering for What’s Next
At Aries One, we know the energy sector never stands still. Our expertise in Project Management, Technical Advisory, and Workforce Solutions ensures that our partners can adapt to market cycles and keep projects on track—whether scaling up or optimizing operations.
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