Weekly Rig Counts from Baker Hughes

Source: press release, 8 May 2020

photo: Baker Hughes
photo: Baker Hughes

Baker Hughes has posted its Weekly Rig Count reports.

US Rig Count is down 34 rigs from last week to 374, with oil rigs down 33 to 292, gas rigs down 1 to 80, and miscellaneous rigs unchanged at 2.

US Rig Count is down 614 rigs from last year’s count of 988, with oil rigs down 513, gas rigs down 103, and miscellaneous rigs up 2 to 2.

The US Offshore Rig Count is down 1 rig from last week to 15 and down 5 year-over-year.

Canada Rig Count is down 1 rig from last week to 26, with oil rigs unchanged at 7 and gas rigs down 1 to 19.

Canada Rig Count is down 37 rigs from last year’s count of 63, with oil rigs down 15 and gas rigs down 22.

Additional information on the Baker Hughes Rig Count is available at bakerhughesrigcount.gcs-web.com/rig-count-overview.