The number of active rigs in the U.S. remained flat for the fourth week in a row, according to weekly rig count reports by Baker Hughes.
Baker Hughes Rig Count: U.S. +13 to 282 rigs
U.S. Rig Count is up 13 from last week to 282 with oil rigs up 12 to 205, gas rigs up 1 to 74, and miscellaneous rigs unchanged at 3.
U.S. Rig Count is down 569 rigs from last year’s count of 851, with oil rigs down 508, gas rigs down 63 and miscellaneous rigs up 2.
The U.S. Offshore Rig Count is unchanged at 14 down 8 year-over-year.
Baker Hughes Rig Count: Canada 0 rigs at 80 rigs.
Canada Rig Count is unchanged from last week at 80, with oil rigs up 1 to 40, gas rigs down 1 to 40.
Canada Rig Count is down 63 rigs from last year’s count of 143, with oil rigs down 58, gas rigs down 5.