U.S. offshore rig count nose dives

Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website according to which the U.S. offshore rig count is 5 rigs down. 

BHI Rig Count: U.S. -3 to 885 rigs

U.S. Rig Count is down 3 rigs from last week to 885, with oil rigs down 1 to 659, gas rigs down 1 to 222, and miscellaneous rigs down 1 to 4.

U.S. Rig Count is down 972 rigs from last year at 1857, with oil rigs down 869, gas rigs down 103, and miscellaneous rigs unchanged at 4.

The U.S. Offshore rig count is 29, down 5 rigs from last week, and down 31 rigs year over year.

BHI Rig Count: Canada -5 to 72 rigs

Canadian Rig Count is down 5 rigs from last week to 72 rigs, with oil rigs up 3 to 24, and gas rigs down 8 to 48.

Canadian Rig Count is down 82 rigs from last year at 154, with oil rigs down 41, and gas rigs down 41.