The number of offshore rigs in the U.S. remained unchanged for the second week in a row, according to rig count reports by Baker Hughes.
Baker Hughes Rig Count: U.S. +9 to 500 rigs U.S. Rig Count is up 9 from last week to 500 with oil rigs up 10 to 397, gas rigs down 1 to 102, and miscellaneous rigs unchanged at 1. U.S. Rig Count is up 256 rigs from last year’s count of 244, with oil rigs up 225 gas rigs up 32 and miscellaneous rigs down 1. The U.S. Offshore Rig Count is unchanged at 14, up 1 year-over-year. Baker Hughes Rig Count: Canada +8 to 164 rigs. Canada Rig Count is up 8 from last week to 164, with oil rigs up 5 to 100, gas rigs up 3 to 63 and miscellanous unchanged at 1. Canada Rig Count is up 110 rigs from last year’s count of 54, with oil rigs up 81, gas rigs up 28 and miscellanous unchanged at 1.