The number of U.S. offshore rigs dropped to 17 units this past week, according to a Friday report by Baker Hughes, a GE company.
Baker Hughes Rig Count: U.S. -8 to 1,046 rigs
U.S. Rig Count is down 8 rigs from last week to 1,046, with oil down 5 to 858, gas rigs down 2 to 187, and miscellaneous rigs down 1 to 1.
U.S. Rig Count is up 96 rigs from last year’s count of 950, with oil rigs up 94, gas rigs up 1, and miscellaneous rigs up 1.
The U.S. Offshore Rig Count is down 2 rigs to 17 and down 6 rigs year-over-year.
Baker Hughes Rig Count: Canada +14 to 211 rigs
Canada Rig Count is up 14 rigs from last week to 211, with oil rigs up 3 to 142 and gas rigs up 11 to 69.
Canada Rig Count is up 5 rigs from last year’s count of 206, with oil rigs up 24 and gas rigs down 19.