U.S. offshore rig count climbs up

Exploration & Production

The number of U.S. offshore rigs increased during last week, according to a Friday report by the oilfield services provider Baker Hughes. 

BHI Rig Count: U.S. +8 to 885 rigs

U.S. Rig Count is up 8 rigs from last week to 885, with oil rigs up 9 to 712, gas rigs down 1 to 172, and miscellaneous rigs unchanged at 1.

U.S. Rig Count is up 479 rigs from last year’s count of 406, with oil rigs up 394, gas rigs up 85, and miscellaneous rigs unchanged.

The U.S. Offshore Rig Count is up 2 rigs from last week to 21 and down 1 rig year over year.

BHI Rig Count: Canada -2 to 80 rigs

Canadian Rig Count is down 2 rigs from last week to 80, with oil rigs up 2 to 29 and gas rigs down 4 to 51.

Canadian Rig Count is up 37 rigs from last year’s count of 43, with oil rigs up 13, gas rigs up 25, and miscellaneous rigs down 1 to 0.