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
Chart 2. Baker Hughes Weekly U.S. Rig Count
Chart 3. Baker Hughes Monthly World Rig Count Change
Chart 4. Baker Hughes Monthly World Rig Count