Weekly Rig Counts from Baker Hughes

Source: press release, 7 February 2020

photo: Baker Hughes
photo: Baker Hughes

Baker Hughes has posted its Weekly Rig Count reports.

US Rig Count is unchanged from last week at 790, with oil rigs up 1 to 676, gas rigs down 1 to 111, and miscellaneous rigs unchanged at 3.

US Rig Count is down 259 rigs from last year’s count of 1,049, with oil rigs down 178, gas rigs down 84, and miscellaneous rigs up 3 to 3.

The US Offshore Rig Count is up 2 rigs to 23 and up 4 rigs year-over-year.

Canada Rig Count is up 10 rigs from last week at 257, with oil rigs up 10 to 167 and gas rigs unchanged at 90.

Canada Rig Count is up 17 rigs from last year’s count of 240, with oil rigs up 9 and gas rigs up 8.

Additional information on the Baker Hughes Rig Count is available at http://bakerhughes.com/rig-count.