The number of offshore rigs in the U.S. remained steady last week but dropped nine units year over year, according to a Friday report by Baker Hughes.
Baker Hughes Rig Count: U.S. +9 to 296 rigs
U.S. Rig Count is up 9 from last week to 296 with oil rigs up 10 to 221, gas rigs down 1 to 72, and miscellaneous rigs unchanged at 3.
U.S. Rig Count is down 526 rigs from last year’s count of 822, with oil rigs down 470, gas rigs down 58 and miscellaneous rigs up 2.
The U.S. Offshore Rig Count is unchanged at 13, down 9 year-over-year.
Baker Hughes Rig Count: Canada +3 rigs to 86 rigs.
Canada Rig Count is up 3 from last week to 86, with oil rigs down 2 to 40, gas rigs up 5 to 46.
Canada Rig Count is down 56 rigs from last year’s count of 142, with oil rigs down 53, gas rigs down 3.