The number of active rigs in the U.S. remained unchanged for another week, according to weekly rig count reports by Baker Hughes.
Baker Hughes Rig Count: U.S. +5 to 266 rigs
U.S. Rig Count is up 5 from last week to 266 with oil rigs up 6 to 189, gas rigs down 1 to 74, and miscellaneous rigs unchanged at 3.
U.S. Rig Count is down 589 rigs from last year’s count of 855, with oil rigs down 521, gas rigs down 70, and miscellaneous rigs up 2.
The U.S. Offshore Rig Count is unchanged at 14 down 10 year-over-year.
Baker Hughes Rig Count: Canada +4 rigs to 75 rigs.
Canada Rig Count is up 4 from last week to 75, with oil rigs up 4 to 37, gas rigs unchanged at 38.
Canada Rig Count is down 69 rigs from last year’s count of 144, with oil rigs down 68, gas rigs down 1.
Photo by Rab Lawrence – under the CC BY 2.0 license