Baker Hughes, a GE company – BHGE – has posted its Weekly Rig Count reports.
US Rig Count is down 3 rigs from last week to 1,076, with oil rigs up 2 to 887 and gas rigs down 5 to 189.
US Rig Count is up 147 rigs from last year’s count of 929, with oil rigs up 138 and gas rigs up 9.
The US Offshore Rig Count is down 2 rigs to 23 and up 3 rigs year-over-year.
Canada Rig Count is down 5 rigs from last week to 199, with oil rigs down 5 to 119 and gas rigs unchanged at 80.
Canada Rig Count is down 23 rigs from last year’s count of 222, with oil rigs up 8 and gas rigs down 31.
Additional information on the Baker Hughes Rig Count is available at http://bhge.com/rig-count.