Baker Hughes, a GE company has posted its Weekly Rig Count reports.
US Rig Count is down 11 rigs from last week to 1,027 rigs, with oil rigs down 9 to 834 and gas rigs down 2 to 193.
US Rig Count is up 43 rigs from last year’s count of 984, with oil rigs up 38 and gas rigs up 5.
The US Offshore Rig Count is unchanged at 22 rigs and up 9 rigs year-over-year.
Canada Rig Count is down 22 rigs from last week to 189, with oil rigs down 22 to 118 and gas rigs unchanged at 71.
Canada Rig Count is down 84 rigs from last year’s count of 273, with oil rigs down 78 and gas rigs down 6.
Additional information on the Baker Hughes Rig Count is available at http://bhge.com/rig-count.