The number of offshore rigs in the U.S. decreased by one unit last week, according to weekly rig count reports by Baker Hughes.
Baker Hughes Rig Count: U.S. +6 to 417 rigs
U.S. Rig Count is up 6 from last week at 417 with oil rigs up 6 to 324, gas rigs unchanged at 92, and miscellaneous rigs unchanged at 1.
U.S. Rig Count is down 311 rigs from last year’s count of 728, with oil rigs down 300, gas rigs down 10 and miscellaneous rigs down 1.
The U.S. Offshore Rig Count is down 1 to 12, down 6 year-over-year.
Baker Hughes Rig Count: Canada -11 rigs to 81 rigs.
Canada Rig Count is down 11 from last week to 81, with oil rigs down 10 to 31, gas rigs down 1 to 50.
Canada Rig Count is up 27 rigs from last year’s count of 54, with oil rigs up 13, gas rigs up 14.