The number of offshore rigs in the U.S. dropped for the third time in a row, according to weekly rig count reports released by Baker Hughes on Friday, January 10.
Illustration. Author: SP Mac
Baker Hughes Rig Count: U.S. -15 to 781 rigs
U.S. Rig Count is down 15 rigs from last week to 781, with oil rigs down 11 to 659, gas rigs down 4 to 119, and miscellaneous rigs unchanged at 3.
U.S. Rig Count is down 294 rigs from last year’s count of 1,075, with oil rigs down 214, gas rigs down 83, and miscellaneous rigs up 3 to 3.
The U.S. Offshore Rig Count is down 1 to 21 unchanged year-over-year.
Baker Hughes Rig Count: Canada +118 rigs to 203 rigs
Canada Rig Count is up 118 rigs from last week to 203, with oil rigs up 93 to 120 and gas rigs up 25 to 83.
Canada Rig Count is up 19 rigs from last year’s count of 184, with oil rigs up 17 and gas rigs up 2.
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