Baker Hughes, a GE company has posted its Weekly Rig Count reports.
US Rig Count is down 4 rigs from last week to 942, with oil rigs down 6 to 770, gas rigs up 2 to 171, and miscellaneous rigs unchanged at 1.
US Rig Count is down 102 rigs from last year’s count of 1,044, with oil rigs down 89, gas rigs down 12, and miscellaneous rigs down 1 to 1.
The US Offshore Rig Count is down 1 rig to 24 and up 7 rigs year-over-year.
Canada Rig Count is up 10 rigs from last week to 137, with oil rigs up 6 to 91 and gas rigs up 4 to 46.
Canada Rig Count is down 86 rigs from last year’s count of 223, with oil rigs down 61 and gas rigs down 25.
Additional information on the Baker Hughes Rig Count is available at http://bhge.com/rig-count.