After two weeks of no change, the number of offshore rigs in the U.S. decreased to 14 last week, according to Baker Hughes weekly rig count reports.
Baker Hughes Rig Count: U.S. -3 to 488 rigs
U.S. Rig Count is down 3 from last week to 488 with oil rigs down 2 to 385, gas rigs down 1 to 103, and miscellaneous rigs unchanged at 0.
U.S. Rig Count is up 237 rigs from last year’s count of 251, with oil rigs up 205 gas rigs up 34 and miscellaneous rigs down 2.
The U.S. Offshore Rig Count is down 3 to 14, up 2 year-over-year.
Baker Hughes Rig Count: Canada +4 to 153 rigs.
Canada Rig Count is up 4 from last week to 153, with oil rigs unchanged at 93, gas rigs up 4 to 59 and miscellaneous unchanged at 1.
Canada Rig Count is up 108 rigs from last year’s count of 45, with oil rigs up 82, gas rigs up 26 and miscellaneous unchanged 1.