Baker Hughes, a GE company has posted its Weekly Rig Count reports.
US Rig Count is down 8 rigs from last week to 860, with oil rigs down 6 to 713, gas rigs down 2 to 146, and miscellaneous rigs unchanged at 1.
US Rig Count is down 194 rigs from last year’s count of 1,054, with oil rigs down 150, gas rigs down 43, and miscellaneous rigs down 1 rig to 1.
The US Offshore Rig Count is down 1 rig to 24 and up 4 rigs year-over-year.
Canada Rig Count is up 8 rigs from last week to 127, with oil rigs up 6 to 88 and gas rigs up 2 to 39.
Canada Rig Count is down 51 rigs from last year’s count of 178, with oil rigs down 34 and gas rigs down 17.
Additional information on the Baker Hughes Rig Count is available at http://bhge.com/rig-count.