Rig Count Weekly April 19, 2010
Total of 15 new drilling were added to already operating North American rigs: 1 additional crude oil rigs and 14 additional natural gas rigs. The just keep on adding natural gas rigs, negative for the commodity price.
On world scale: 115 new rigs were added during March, bulk of which in North America.
Chart 1. Baker Hughes U.S. Rig Count Change
Source: Baker Hughes
Chart 2. Baker Hughes Weekly U.S. Rig Count
Source: Baker Hughes
Chart 3. Baker Hughes Monthly World Rig Count Change
Source: Baker Hughes
Chart 4. Baker Hughes Monthly World Rig Count
Source: Baker Hughes