US and Canadian rig counts see modest gains week-on-week

2022-08-19 22:56:39 By : Mr. Bruce Zhou

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The number of rigs drilling for gas increased by two to 155, while the number of rigs drilling for oil remained level at 599. The overall North American rig count is now up by 267 rigs in a year-on-year comparison.

Meanwhile, the Canadian rig count increased by four to 195 rigs in the week ending July 22. The Canadian rig count is now up by 46 rigs compared to the same week a year ago.