Baker Hughes, a GE company has posted its Weekly Rig Count reports.
US Rig Count is down 1 rig from last week to 1,026 rigs, with oil rigs down 1 to 833 and gas rigs unchanged at 193.
US Rig Count is up 36 rigs from last year’s count of 990, with oil rigs up 33 and gas rigs up 4.
The US Offshore Rig Count is unchanged at 22 rigs and up 9 rigs year-over-year.
Canada Rig Count is down 28 rigs from last week to 161, with oil rigs down 20 to 98 and gas rigs down 8 to 63.
Canada Rig Count is down 58 rigs from last year’s count of 219, with oil rigs down 46 and gas rigs down 12.
Additional information on the Baker Hughes Rig Count is available at http://bhge.com/rig-count.