Baker Hughes has posted its Weekly Rig Count reports.
US Rig Count is up 5 from last week at 402 with oil rigs up 4 to 309, gas rigs up 1 to 92, and miscellaneous rigs unchanged at 1.
US Rig Count is down 388 rigs from last year’s count of 790, with oil rigs down 369, gas rigs down 18 and miscellaneous rigs down 1.
The US Offshore Rig Count is up 1 to 17, down 5 year-over-year.
Canada Rig Count is down 9 from last week to 163, with oil rigs down 8 to 92, gas rigs down 1 to 71.
Canada Rig Count is down 77 rigs from last year’s count of 240, with oil rigs down 71, gas rigs down 6.
Additional information on the Baker Hughes Rig Count is available athttps://bakerhughesrigcount.gcs-web.com/rig-count-overview.