Worldwide Rig Count Dropping Again
All rigs were down 85 rigs in October to 2,086 rigs. October 14 to October 15 total world rigs were down 1,571 rigs of 43%.
US total rigs were down 57 rigs in October to 791. October 14 to October 15 US rigs were down 1,134 rigs or 59%.
Canada was up one rig in October to 194. October 14 to October 15 Canada is down 240 rigs or 56.6%. For several years now Canadian rigs have peaked in February. This year it was different however.
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