Baker Hughes: Weekly North America Rig Count Down by 10


   
Barani Krishnan
DTN Refined Fuels Market Reporter

   SECAUCUS, NJ (DTN) -- North American energy drilling activity declined by 10 
rigs this week, according to Baker Hughes' weekly report released Friday (4/10).

   The report shows the regional rig count at 680 in the current week, compared 
to 690 recorded the previous week.

   Rigs for Canada and the U.S. combined were lower than the 721 actively 
deployed in the same week of last year. This week's change was largely driven 
by declines in Canada, where the count fell by seven to 135 this week, and from 
138 a year ago.

   In the U.S., the count dropped by three to 545, compared with the prior 
week's 548.  A year ago, U.S. rigs totaled 583.

   This week in the U.S., rigs in inland waters were unchanged at one, while 
offshore rigs climbed by three to 14. Rigs on land fell by six to 530.

   By trajectory, directional rigs in the U.S. rose by five to 50. Horizontal 
rigs fell by two to 483 while vertical rigs decreased by four to stand at 12.




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