The number of onshore and offshore drilling rigs has dropped again, according to Baker Hughes’ latest weekly rig count report.
BHI Rig Count: U.S. -7 to 443 rigs
U.S. Rig Count is down 7 rigs from last week to 443, with oil rigs down 8 to 354, and gas rigs up 1 to 89.
U.S. Rig Count is down 545 rigs from last year at 988, with oil rigs down 406, gas rigs down 136, and miscellaneous rigs down 3.
The U.S. Offshore rig count is 25, down 1 from last week, and down 8 rigs year over year.
BHI Rig Count: Canada -8 to 41 rigs
Canadian Rig Count is down 8 rigs from last week to 41, with oil rigs down 3 to 8, and gas rigs down 5 to 33.
Canadian Rig Count is down 58 rigs from last year at 99, with oil rigs down 12, and gas rigs down 46.