The total rig count is now at 556—a figure that is 244 up from this time last year. Nevertheless, active rigs are still hundreds less than the 790 active rigs that were drilling in the pre-covid world. The U.S. oil rig count rose this week to 454—a 4-rig increase since last week, and a 218 rig increase since this time last year. Canada's overall rig count increased by 8. The Permian's total rig count is now 272, with 41 total in the Eagle Ford.

Source: The North Africa Journal November 13, 2021 07:07 UTC