Baker Hughes, a GE company has posted its Weekly Rig Count reports.
US Rig Count is up 4 rigs from last week to 1,049 rigs, with oil rigs up 7 to 854 and gas rigs down 3 to 195.
US Rig Count is up 74 rigs from last year’s count of 975, with oil rigs up 63 and gas rigs up 11.
The US Offshore Rig Count is unchanged at 19 rigs and up 3 rigs year-over-year.
Canada Rig Count is down 3 rigs from last week to 240, with oil rigs down 1 to 158 and gas rigs down 2 to 82.
Canada Rig Count is down 85 rigs from last year’s count of 325, with oil rigs down 63 and gas rigs down 22.
Additional information on the Baker Hughes Rig Count is available at http://bhge.com/rig-count.