Baker Hughes Incorporated has posted yet another Weekly Rig Count reports to its Investor Relations website. Offshore rigs have dropped.
BHI Rig Count: U.S. -18 to 1875 rigs
U.S. Rig Count is down 18 rigs from last week to 1875, with oil rigs down 10 to 1536, gas rigs down 8 to 338, and miscellaneous rigs unchanged at 1.
U.S. Rig Count is up 107 rigs from last year at 1768, with oil rigs up 141, gas rigs down 34, and miscellaneous rigs unchanged at 1.
The U.S. Offshore rig count is 58, down 2 rigs from last week, and down 3 rigs year over year.
BHI Rig Count: Canada -40 to 391 rigs
Canadian Rig Count is down 40 rigs from last week to 391, with oil rigs down 25 to 190, and gas rigs down 15 to 201.
Canadian Rig Count is down 7 rigs from last year at 398, with oil rigs down 37, and gas rigs up 30.