Baker Hughes, a GE company has posted its Weekly Rig Count reports.
US Rig Count is up 1 rig from last week to 984, with oil rigs up 3 to 800, gas rigs down 2 to 184, and miscellaneous rigs unchanged at 0.
US Rig Count is down 76 rigs from last year’s count of 1,060, with oil rigs down 61, gas rigs down 13, and miscellaneous rigs down 2.
The US Offshore Rig Count is up 1 rig to 23 and up 4 rigs year-over-year.
Canada Rig Count is up 7 rigs from last week to 85, with oil rigs up 6 to 44 and gas rigs up 1 to 41.
Canada Rig Count is down 14 rigs from last year’s count of 99, with oil rigs down 12 and gas rigs down 2.
Additional information on the Baker Hughes Rig Count is available at http://bhge.com/rig-count.