Baker Hughes has posted its Weekly Rig Count reports.
US Rig Count is up 5 from last week to 397 with oil rigs up 7 to 306, gas rigs down 2 to 90, and miscellaneous rigs unchanged at 1.
US Rig Count is down 393 rigs from last year’s count of 790, with oil rigs down 372, gas rigs down 20 and miscellaneous rigs down 1.
The US Offshore Rig Count is up 1 to 17, down 6 year-over-year.
Canada Rig Count is up 5 from last week to 176, with oil rigs up 6 to 101, gas rigs down 1 to 75.
Canada Rig Count is down 79 rigs from last year’s count of 255, with oil rigs down 71, gas rigs down 8.
Additional information on the Baker Hughes Rig Count is available at https://bakerhughesrigcount.gcs-web.com/rig-count-overview.