The number of offshore rigs in the U.S. dropped by two units over the last week, according to a weekly report published last Friday by Baker Hughes Company.
Baker Hughes Rig Count: U.S. -13 to 266 rigs
U.S. Rig Count is down 13 rigs from last week to 266 with oil rigs down 10 to 189, gas rigs down 3 to 75, and miscellaneous rigs unchanged at 2.
U.S. Rig Count is down 701 rigs from last year’s count of 967, with oil rigs down 600, gas rigs down 102, and miscellaneous rigs up 1 to 2.
The U.S. Offshore Rig Count is down 2 rigs from last week to 11 and down 13 year-over-year.
Baker Hughes Rig Count: Canada -4 rigs at 17 rigs
The number of active rigs in Canada is down by 4 from last week to 17, with oil rigs down 2 to 5 and gas rigs down 2 to 12.
Also, the number of active rigs is down 102 from last year’s count of 119, with oil rigs down 75 and gas rigs down 27.
It is worth noting that the number of active offshore units in the U.S. has halved since the start of the year.
Image by: SP Mac (used under permission by photographer)