Offshore rig count goes down again

Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website. According to the latest report, the U.S. offshore rig count has dropped when compared to last week’s count. 

BHI Rig Count: U.S. +0 to 884 rigs

U.S. Rig Count is unchanged from last week at 884, with oil rigs up 2 to 672, gas rigs down 2 to 211, and miscellaneous rigs unchanged at 1.

U.S. Rig Count is down 1,029 rigs from last year at 1,913, with oil rigs down 917, gas rigs down 110, and miscellaneous rigs down 2.

The U.S. Offshore rig count is 35, down 3 rigs from last week, and down 27 rigs year over year.

BHI Rig Count: Canada +3 to 211 rigs

Canadian Rig Count is up 3 rigs from last week to 211, with oil rigs unchanged at 100, and gas rigs up 3 to 111.

Canadian Rig Count is down 190 rigs from last year at 401, with oil rigs down 124, and gas rigs down 66.