Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website according to which the U.S. offshore rig count is up compared to the previous week.
BHI Rig Count: U.S. -4 to 838 rigs
U.S. Rig Count is down 4 rigs from last week to 838, with oil rigs down 4 to 640, gas rigs down 1 to 197, and miscellaneous rigs up 1 to 1.
U.S. Rig Count is down 1,093 rigs from last year at 1,931, with oil rigs down 952, gas rigs down 141, and miscellaneous rigs unchanged at 1.
The U.S. Offshore rig count is 33, up 2 rigs from last week, and down 29 rigs year over year.
BHI Rig Count: Canada -6 to 176 rigs
Canadian Rig Count is down 6 rigs from last week to 176, with oil rigs down 4 to 66, and gas rigs down 2 to 110.
Canadian Rig Count is down 253 rigs from last year at 429, with oil rigs down 180, and gas rigs down 73.