Baker Hughes, a GE company has posted its Weekly Rig Count reports.
US Rig Count is down 1 rig from last week to 990, with oil rigs up 2 to 807, gas rigs down 3 to 183, and miscellaneous rigs unchanged at 0.
US Rig Count is down 42 rigs from last year’s count of 1,032, with oil rigs down 27, gas rigs down 13, and miscellaneous rigs down 2.
The US Offshore Rig Count is down 1 rig to 20 and up 1 rig year-over-year.
Canada Rig Count is down 2 rigs from last week to 61, with oil rigs down 2 to 17 and gas rigs unchanged at 44.
Canada Rig Count is down 25 rigs from last year’s count of 86, with oil rigs down 20 and gas rigs down 5.
Additional information on the Baker Hughes Rig Count is available at http://bhge.com/rig-count.