According to weekly rig count reports on Friday by Baker Hughes, the number of offshore rigs in the U.S. increased by 4 units over the last week since energy companies started to return to the Gulf of Mexico in the aftermath of Hurricane Ida.
Baker Hughes Rig Count: U.S. +6 to 503 rigs
U.S. Rig Count is up 6 from last week to 503 with oil rigs up 7 to 401, gas rigs down 1 to 101, and miscellaneous rigs unchanged at 1.
U.S. Rig Count is up 249 rigs from last year’s count of 254, with oil rigs up 221 gas rigs up 30 and miscellaneous rigs down 2 to 1.
The U.S. Offshore Rig Count is up 4 to 6, down 9 year-over-year.
Baker Hughes Rig Count: Canada -9 to 143 rigs.
Canada Rig Count is down 9 from last week to 143, with oil rigs down 5 to 87, gas rigs down 4 to 56.
Canada Rig Count is up 91 rigs from last year’s count of 52, with oil rigs up 68, gas rigs up 23.