After falling for seven weeks straight, the combined oil and natural rig count in the U.S. rose by one to 856 rigs during the week ended Oct. 11, but is down 207 rigs from the same week a year ago, according to the latest Rotary Rig Count released by Baker Hughes a GE company.

Oil-directed rigs were up by two to 712 during the review week but are down 157 rigs from the corresponding week in 2018. Gas-directed rigs came in at 143, shedding one for the week and down by 50 rigs from a year ago.
While most major basins were relatively unchanged during the review week, the oil-focused Permian added six to total 421 rigs for the week to Oct. 11 but remains well below the year-ago count of 489.

In addition, three shale basins noted declines for the week with Cana Woodford down by three to 33 rigs and Marcellus and Utica each shedding one rig to come in at 47 rigs and 11 rigs, respectively. All three basins remain below levels seen during the same week in 2018.
Canadian rigs came in at 146, up two for the week but down 49 rigs from a year ago.

