Baker Hughes has posted its Weekly Rig Count reports.
US Rig Count is up 7 from last week at 439 with oil rigs up 7 to 344, gas rigs up 1 to 94, and miscellaneous rigs down 1 to 1.
US Rig Count is down 90 rigs from last year’s count of 529, with oil rigs down 94, gas rigs up 5 and miscellaneous rigs down 1.
The US Offshore Rig Count is up 1 to 12, down 5 year-over-year.
Canada Rig Count is down 2 from last week to 56, with oil rigs down 2 to 17, gas rigs unchanged at 39.
Canada Rig Count is up 26 rigs from last year’s count of 26, with oil rigs up 10, gas rigs up 16.
Additional information on the Baker Hughes Rig Count is available at https://bakerhughesrigcount.gcs-web.com/rig-count-overview.