The number of offshore rigs in the U.S. increased by three units last week, according to weekly rig count reports by Baker Hughes.
Baker Hughes Rig Count: U.S. +4 to 479 rigs
U.S. Rig Count is up 4 from last week to 479 with oil rigs up 2 to 378, gas rigs up 2 to 101, and miscellaneous rigs unchanged at 0.
U.S. Rig Count is up 221 rigs from last year’s count of 258, with oil rigs up 197 gas rigs up 26 and miscellaneous rigs down 2.
The U.S. Offshore Rig Count is up 3 to 17, up 5 year-over-year.
Baker Hughes Rig Count: Canada +1 to 137 rigs.
Canada Rig Count is up 1 from last week to 137, with oil rigs up 1 to 88, gas rigs up 1 to 48 and miscellanous rigs down 1 to 1.
Canada Rig Count is up 111 rigs from last year’s count of 26, with oil rigs up 82, gas rigs up 28 and miscellanous rig up 1.