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Energy · November 6, 2026 · 2 min read

U.S. rig count rises to 604 while Canada falls to 223

By Econ Data Tools Editorial Team

Published November 6, 2026 • Updated November 6, 2026

Baker Hughes reports a one-rig U.S. increase for November 6. Its October international reading is a separate monthly series, not a weekly production measure.

Baker Hughes counted 604 active rotary rigs in the United States on November 6, 2026, up one from October 30. The latest count was 56 higher than the comparable year-earlier count shown in the company's summary. The release measures drilling activity, not the volume of oil or gas produced. Canada's count fell by three to 223 over the same weekly interval. That was still 32 higher than the year-earlier comparison. The U.S. increase and Canadian decrease therefore point in different directions for the latest week, even though both countries show higher counts than a year earlier. The international figure covers a different period: Baker Hughes reported 1,111 rigs for October 2026, down 11 from September and up 52 from October 2025. That monthly series should not be presented as a November 6 weekly observation or mixed with weekly North American changes without identifying the periods. Baker Hughes describes active rig counts as a leading indicator of demand for products and services used in drilling, completing, producing and processing hydrocarbons. Active rigs consume oilfield services, but the count alone does not establish operators' profits, future production volumes or the direction of consumer fuel prices. The company releases its North American count weekly at noon Central Time on the last day of the work week. Its international series is released on the last working day of the first week of the month. Those separate schedules help explain why one summary page contains weekly country counts alongside a monthly international reading. For historical comparisons, Baker Hughes flags a Saudi Arabian methodology change effective January 2024 that affects Saudi and worldwide totals. The company says other countries' methodologies were unchanged and advises users to download earlier periods again. The weekly U.S. and Canadian figures do not supply a drilled-but-uncompleted well inventory or prove that capital discipline caused this week's movements.

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