North America Sees Rig Loss Regression

North America Sees Rig Loss Regression

July 03, 2023

North America went back to losing rigs week on week, Baker Hughes’ latest rotary rig count, which was released on June 30, revealed.

According to the count, North America dropped 10 rigs week on week, with the U.S. losing eight week on week, while Canada dropped two during the same timeframe. The total North America rig count figure is now 841, comprising 674 rigs from the U.S. and 167 from Canada, Baker Hughes’ latest count showed.

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