Baker Hughes, a GE company has posted its Weekly Rig Count reports.
US Rig Count is down 2 rigs from last week to 988, with oil rigs down 2 to 805, gas rigs unchanged at 183, and miscellaneous rigs unchanged at 0.
US Rig Count is down 57 rigs from last year’s count of 1,045, with oil rigs down 39, gas rigs down 16, and miscellaneous rigs down 2.
The US Offshore Rig Count is unchanged at 20 and down 1 rig year-over-year.
Canada Rig Count is up 2 rigs from last week to 63, with oil rigs up 5 to 22 and gas rigs down 3 to 41.
Canada Rig Count is down 16 rigs from last year’s count of 79, with oil rigs down 10 and gas rigs down 6.
Additional information on the Baker Hughes Rig Count is available at http://bhge.com/rig-count.