The latest rig count data from Baker Hughes shows increased drilling activity across North America, while international numbers remain unchanged.
📊 Current Rig Counts:
🔹 U.S.: 582 rigs (+6 this week | -37 year-over-year)
🔹 Canada: 258 rigs (+13 this week | +26 year-over-year)
🔹 International: 909 rigs (-10 month-over-month | -46 year-over-year)
The U.S. rig count saw a modest gain of six rigs, reflecting continued interest in domestic drilling, while Canada experienced a strong 13-rig increase, signaling growing momentum in the region. International rig activity remains stable but trending lower over the past year.
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