US gear count increases somewhat while Canadian gear count slips

Baker Hughes has reported that for the week ending November 4, 2022, the United States rotary rig matter boosted by 2 to 770 rigs.The number of rigs drilling for gas lowered by one to 155, while the variety of rigs drilling for oil boosted by three to 613. The general United States gear count is up by 220 gears in a year-on-year comparison.Meanwhile, the Canadian gear matter reduced by three, to 209 rigs in the week finishing November 4. The Canadian rig count is up by 49 rigs compared to the very same coverage period last year.

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