Baker Hughes, a GE company has posted its Weekly Rig Count reports.
US Rig Count is down 1 rig from last week to 987, with oil rigs down 3 to 802, gas rigs up 2 to 185, and miscellaneous rigs unchanged at 0.
US Rig Count is down 59 rigs from last year’s count of 1,046, with oil rigs down 42, gas rigs down 15, and miscellaneous rigs down 2.
The US Offshore Rig Count is up 2 rigs to 22 and up 3 rigs year-over-year.
Canada Rig Count is unchanged from last week at 63, with oil rigs unchanged at 22 and gas rigs unchanged at 41.
Canada Rig Count is down 20 rigs from last year’s count of 83, with oil rigs down 16 and gas rigs down 4.
Additional information on the Baker Hughes Rig Count is available at http://bhge.com/rig-count.