The number of drilling rigs in the USA decreases, in Canada it increases - Week 30 of 2026.

Baker Hughes reported that for the week ended July 24, 2026, the number of U.S. rotary drilling rigs fell by one rig for the week to 587.

The number of gas production rigs increased by one to 127, and the number of oil production rigs decreased by two to 450. The total number of U.S. drilling rigs increased by 45 rigs for the year calculus. comparison.

Meanwhile, the number of drilling rigs in Canada increased by six to 204 in the week ending July 24. The number of drilling rigs in Canada increased by 22 compared to the same reporting period the previous year.

I graduated from the University of Illinois at Chicago with a B.S. She holds a bachelor's degree in finance, as well as a master's degree from Northeastern Illinois University in bilingual bicultural education and a master's degree in divinity from Moody Bible Institute. I have been working in the steel industry since 2019, specializing in long products.  I am currently writing about completed long positions in Mexico and covering market analysis and dynamics in North America