Baker Hughes, a GE company has posted its Weekly Rig Count reports.
US Rig Count is down 19 rigs from last week to 916, with oil rigs down 16 to 754, gas rigs down 3 to 162, and miscellaneous rigs unchanged at 0.
US Rig Count is down 128 rigs from last year’s count of 1,044, with oil rigs down 106, gas rigs down 20, and miscellaneous rigs down 2.
The US Offshore Rig Count is up 1 rig to 28 and up 10 rigs year-over-year.
Canada Rig Count is down 3 rigs from last week to 139, with oil rigs down 6 to 95 and gas rigs up 3 to 44.
Canada Rig Count is down 90 rigs from last year’s count of 229, with oil rigs down 58 and gas rigs down 32.
Additional information on the Baker Hughes Rig Count is available at http://bhge.com/rig-count.
