The number of drilling rigs in the US and Canada will increase - Week 43 of 2025.

Baker Hughes reported that for the week ended October 17, 2025, the number of rotary drilling rigs in the United States increased by 1 to 548.

The number of gas production rigs increased by 1 to 121, and the number of oil drilling rigs remained at 427. The total number of drilling rigs in the United States decreased by 37 drilling rigs on an annualized basis. comparison.

Meanwhile, the number of drilling rigs in Canada increased by 5 to 198 in the week ending October 17. The number of drilling rigs in Canada decreased by 19 compared to the same reporting period the previous year.