Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website, according to which the U.S. offshore rig count is up by two rigs.
BHI Rig Count: U.S. -12 to 502 rigs
U.S. Rig Count is down 12 rigs from last week to 502, with oil rigs down 13 to 400, and gas rigs up 1 to 102.
U.S. Rig Count is down 765 rigs from last year at 1,267, with oil rigs down 586, gas rigs down 178, and miscellaneous rigs down 1.
The U.S. Offshore rig count is 27, up 2 rigs from last week, and down 24 rigs year over year.
BHI Rig Count: Canada -31 to 175 rigs
Canadian Rig Count is down 31 rigs from last week to 175, with oil rigs down 26 to 83, and gas rigs down 5 to 92.
Canadian Rig Count is down 155 rigs from last year at 330, with oil rigs down 88, and gas rigs down 67.