According to Baker Hughes’ weekly rig count report on Friday, the number of offshore rigs in the U.S. increased to 15 units last week after being flat for two weeks in a row.
Baker Hughes Rig Count: U.S. +6 to 556 rigs
U.S. Rig Count is up 6 from last week to 556 with oil rigs up 4 to 454, gas rigs up 2 to 102, and miscellaneous rigs unchanged at 0.
U.S. Rig Count is up 244 rigs from last year’s count of 312, with oil rigs up 218 gas rigs up 29 and miscellaneous rigs down 3.
The U.S. Offshore Rig Count is up 2 to 15, up 2 year-over-year.
Baker Hughes Rig Count: Canada +8 to 168 rigs.
Canada Rig Count is up 8 from last week to 168, with oil rigs up 6 to 101, gas rigs up 2 to 67.
Canada Rig Count is up 79 rigs from last year’s count of 89, with oil rigs up 62, gas rigs up 17.