Baker Hughes, a GE company – BHGE – has posted its Weekly Rig Count reports.
US Rig Count is down 1 rig from last week to 1,075, with oil rigs down 10 to 877 and gas rigs up 9 to 198.
US Rig Count is up 144 rigs from last year’s count of 931, with oil rigs up 126 and gas rigs up 18.
The US Offshore Rig Count is unchanged at 23 rigs and up 3 rigs year-over-year.
Canada Rig Count is down 13 rigs from last week to 186, with oil rigs down 17 to 102 and gas rigs up 4 to 84.
Canada Rig Count is down 33 rigs from last year’s count of 219, with oil rigs down 10 and gas rigs down 23.
Additional information on the Baker Hughes Rig Count is available at http://bhge.com/rig-count.