Baker Hughes, a GE company – BHGE – has posted its Weekly Rig Count reports.
US Rig Count is down 3 rigs from last week to 1,079, with oil rigs down 3 to 885 and gas rigs unchanged at 194.
US Rig Count is up 156 rigs from last year’s count of 923, with oil rigs up 138 and gas rigs up 18.
The US Offshore Rig Count is up 3 rigs to 25 and up 3 rigs year-over-year.
Canada Rig Count is up 7 rigs from last week to 204, with oil rigs up 6 to 124 and gas rigs up 1 to 80.
Canada Rig Count is down 11 rigs from last year’s count of 215, with oil rigs up 17 and gas rigs down 28.
Additional information on the Baker Hughes Rig Count is available at http://bhge.com/rig-count.