Baker Hughes, a GE company has posted its Weekly Rig Count reports.
US Rig Count is down 9 rigs from last week to 1,038 rigs, with oil rigs down 10 to 843 and gas rigs up 1 to 195.
US Rig Count is up 57 rigs from last year’s count of 981, with oil rigs up 43 and gas rigs up 14.
The US Offshore Rig Count is up 3 rigs to 22 and up 8 rigs year-over-year.
Canada Rig Count is down 1 rig from last week to 211, with oil rigs down 4 to 140 and gas rigs up 3 to 71.
Canada Rig Count is down 91 rigs from last year’s count of 302, with oil rigs down 71 and gas rigs down 20.
Additional information on the Baker Hughes Rig Count is available at http://bhge.com/rig-count.