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US and Canadian rig count decrease - week 9, 2026

Release Date:

2026-03-04

Baker Hughes has reported that for the week ending on February 27, 2026, the US rotary rig count decreased by one rig week onweek to 550
The number of rigs driling for gas and oi remained unchanged at 134 and 407, respectively. The overall US rig count is down by43 rigs in the year-on-year comparison.

Meanwhile, the Canadian rig count increased by two to 214 rigs in the week ending February 27. The Canadian rig countdecreased by 34 compared to the same reporting period in the previous year.

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