Canadian rig count down 105 in March thanks to spring break up, up 20 in U.S.

conventional
PSAC lowers drilling forecast for 2018 ConocoPhillips photo.

As of March 29, Alberta rig count is 114, down from 208 on March 2

Baker Hughes says the international rig count for March 2018 was 972, down 7 from the 979 counted in Feb. 2018, and up 29 from the 943 counted in March 2017.

The international offshore rig count for March 2018 was 185, down 9 from the 194 counted in Feb. 2018, and down 12 from the 197 counted in March 2017.

The average U.S. rig count for March 2018 was 989, up 20 from the 969 counted in Feb. 2018, and up 200 from the 789 counted in March 2017.

The average Canadian rig count for March 2018 was 218, down 105 from the 323 counted in Feb. 2018, and down 35 from the 253 counted in March 2017.

The worldwide rig count for March 2018 was 2,179, down 92 from the 2,271 counted in February 2018, and up 194 from the 1,985 counted in March 2017.

March 2018 Rig Counts

March 2018 February 2018 March 2017
Land Offshore Total

Month
Variance

Land Offshore Total Land Offshore Total
Latin America 167 26 193 -6 169 30 199 150 35 185
Europe 56 33 89 5 55 29 84 63 31 94
Africa 78 11 89 -1 74 16 90 70 10 80
Middle East 353 44 397 1 356 40 396 341 45 386
Asia Pacific 133 71 204 -6 131 79 210 122 76 198
International 787 185 972 -7 785 194 979 746 197 943
United States 976 13 989 20 952 17 969 770 19 789
Canada 215 3 218 -105 321 2 323 252 1 253
North America 1,191 16 1,207 -85 1,273 19 1,292 1,022 20 1,042
Worldwide 1,978 201 2,179 -92 2,058 213 2,271 1,768 217 1,985

 

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