Baker Hughes, a GE company has posted its Weekly Rig Count reports.
US Rig Count is down 10 rigs from last week to 1,012, with oil rigs down 8 to 825, gas rigs down 2 to 187, and miscellaneous rigs unchanged at 0.
US Rig Count is down 1 rig from last year’s count of 1,013, with oil rigs up 5, gas rigs down 5, and miscellaneous rigs down 1.
The US Offshore Rig Count is unchanged at 23 and up 5 rigs year-over-year.
Canada Rig Count unchanged from last week at 66, with oil rigs up 1 to 19 and gas rigs down 1 to 47.
Canada Rig Count is down 27 rigs from last year’s count of 93, with oil rigs down 19 and gas rigs down 8.
Additional information on the Baker Hughes Rig Count is available at http://bhge.com/rig-count.