The number of offshore rigs in the U.S. dropped for a second week in a row, according to weekly rig count reports published on Friday by Baker Hughes, a GE company.
Baker Hughes Rig Count: U.S. -18 to 868 rigs
U.S. Rig Count is down 18 rigs from last week to 868, with oil rigs down 14 to 719, gas rigs down 5 to 148, and miscellaneous rigs up 1 to 1.
U.S. Rig Count is down 185 rigs from last year’s count of 1,053, with oil rigs down 147, gas rigs down 38, and miscellaneous rigs unchanged at 1.
The U.S. Offshore Rig Count is down 1 rig to 25 and up 5 rigs year-over-year.
Baker Hughes Rig Count: Canada -15 rigs to 119 rigs
Canada Rig Count is down 15 rigs from last week to 119, with oil rigs down 11 to 82 and gas rigs down 4 to 37.
Canada Rig Count is down 78 rigs from last year’s count of 197, with oil rigs down 53 and gas rigs down 25.
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