Baker Hughes has posted its Weekly Rig Count reports.
US Rig Count is up 3 from last week to 351 with oil rigs up 3 to 267, gas rigs unchanged at 83, and miscellaneous rigs unchanged at 1.
US Rig Count is down 445 rigs from last year’s count of 796, with oil rigs down 403, gas rigs down 40 and miscellaneous rigs down 2.
The US Offshore Rig Count is unchanged at 17, down 5 year-over-year.
Canada Rig Count is down 23 from last week to 59, with oil rigs down 13 to 18, gas rigs down 10 to 41.
Canada Rig Count is down 26 rigs from last year’s count of 85, with oil rigs down 9, gas rigs down 17.
Additional information on the Baker Hughes Rig Count is available at https://bakerhughesrigcount.gcs-web.com/rig-count-overview.
