The number of offshore rigs in the U.S. sank to 14 units last week, according to Friday rig count reports by Baker Hughes, a GE company.
Baker Hughes Rig Count: U.S. +3 at 981 rigs
U.S. Rig Count is up 3 rigs from last week to 981, with oil rigs up 1 to 800, gas rigs up 2 to 181, and miscellaneous rigs unchanged.
U.S. Rig Count is up 225 rigs from last year’s count of 756, with oil rigs up 191, gas rigs up 35, and miscellaneous rigs down 1 to 0.
The U.S. Offshore Rig Count is down 3 rig to 14 and down 4 to 18 year-over-year.
Baker Hughes Rig Count: Canada -4 to 302 rigs
Canada Rig Count is down 4 rigs from last week to 302, with oil rigs up 2 to 211 and gas rigs down 6 to 91.
Canada Rig Count is down 33 rigs from last year’s count of 335, with oil rigs up 14 and gas rigs down 47.