Baker Hughes, a GE company has posted its Weekly Rig Count reports.
US Rig Count is down 4 rigs from last week to 983, with oil rigs down 5 to 797, gas rigs up 1 to 186, and miscellaneous rigs unchanged at 0.
US Rig Count is down 76 rigs from last year’s count of 1,059, with oil rigs down 62, gas rigs down 12, and miscellaneous rigs down 2.
The US Offshore Rig Count is unchanged at 22 and up 3 rigs year-over-year.
Canada Rig Count is up 15 rigs from last week to 78, with oil rigs up 16 to 38 and gas rigs down 1 to 40.
Canada Rig Count is down 3 rigs from last year’s count of 81, with oil rigs up 3 and gas rigs down 6.
Additional information on the Baker Hughes Rig Count is available at http://bhge.com/rig-count.