Baker Hughes has posted its Weekly Rig Count reports. Baker Hughes Rig Count: US -5 to 851 rigs.
US Rig Count is down 5 rigs from last week to 851, with oil rigs up 1 to 713, gas rigs down 6 to 137, and miscellaneous rigs unchanged at 1.
US Rig Count is down 216 rigs from last year’s count of 1,067, with oil rigs down 160, gas rigs down 57, and miscellaneous rigs up 1 to 1.
The US Offshore Rig Count is down 2 to 22 and up 2 rigs year-over-year.
Canada Rig Count is down 3 rigs from last week to 143, with oil rigs down 4 to 98 and gas rigs up 1 to 45.
Canada Rig Count is down 48 rigs from last year’s count of 191, with oil rigs down 25 and gas rigs down 23.
Additional information on the Baker Hughes Rig Count is available at http://bakerhughes.com/rig-count.