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Weekly Rig Count Update: Stability and Shifts Across North America and Internationally

The latest rig count highlights steady conditions in the U.S. market, a modest decline in Canadian activity, and a slight increase internationally. These figures provide valuable insights into the state of drilling activities and broader global oil and gas production trends.


Weekly Rig Count Update: Stability and Shifts Across North America and Internationally
Weekly Rig Count Update: Stability and Shifts Across North America and Internationally

Rig Count Overview:

  • United States: 585 rigs

    • Weekly Change: 0

    • Yearly Change: -33

  • Canada: 213 rigs

    • Weekly Change: -3

    • Yearly Change: +17

  • International: 950 rigs

    • Monthly Change: +3

    • Yearly Change: -12


Interpreting the Numbers

U.S. Rig Count Stability: Despite a stable weekly count, the yearly decrease of 33 rigs reflects adjustments within the U.S. energy sector. This stability might indicate companies’ focus on maximizing efficiency within current operations rather than aggressively expanding drilling.


Canada’s Rig Count Decline: Canada saw a slight reduction with three fewer rigs this week. However, the yearly change shows growth, with an increase of 17 rigs since last year. This seasonal shift reflects how Canada’s market adapts to fluctuations in demand and prepares for the colder months ahead.


International Rig Count Increases: Internationally, a modest monthly increase of three rigs, balanced by a 12-rig decline over the year, shows a slower pace of global expansion. This trend suggests that international operators are assessing demand volatility in the energy markets as they make strategic drilling decisions.


Aries One: Reliable Expertise for Changing Markets

At Aries One, we help energy companies adapt to market shifts with specialized staffing and consulting solutions. Whether you need skilled talent for onshore, offshore, or international projects, our experts ensure that each project is equipped to meet the demands of today’s complex energy landscape.


No matter which work environment you find thrilling, Aries One is here to support your projects with experienced professionals and technical expertise. Our teams are skilled in Consulting, Project Management, and Staffing to help you succeed. With Aries One, you can be confident your team has the resources they need to conquer even the most challenging locations.


For more information on how Aries One can support your business, visit www.aries-one.com.



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