Baker Hughes, a GE company has posted its Weekly Rig Count reports.
US Rig Count is down 21 rigs from last week to 991, with oil rigs down 20 to 805, gas rigs down 1 to 186, and miscellaneous rigs unchanged at 0.
US Rig Count is down 30 rigs from last year’s count of 1,021, with oil rigs down 20, gas rigs down 9, and miscellaneous rigs down 1.
The US Offshore Rig Count is down 2 rigs to 21 and up 3 rigs year-over-year.
Canada Rig Count is down 3 rigs from last week to 63, with oil rigs unchanged at 19 and gas rigs down 3 to 44.
Canada Rig Count is down 22 rigs from last year’s count of 85, with oil rigs down 14 and gas rigs down 8.
Additional information on the Baker Hughes Rig Count is available at http://bhge.com/rig-count.