U.S. offshore rig count declines further

The U.S. weekly offshore rig count has fallen by three units, leaving the U.S. with only 18 active offshore drilling rigs. The U.S. onshore rig count is on the rise.

BHI Rig Count: U.S. +10 to 751 rigs

U.S. Rig Count is up 10 rigs from last week to 751, with oil rigs up 6 to 597, gas rigs up 4 to 153, and miscellaneous rigs unchanged at 1.

U.S. Rig Count is up 237 rigs from last year’s count of 514, with oil rigs up 184, gas rigs up 52, and miscellaneous rigs up 1.

The U.S. Offshore Rig Count is down 3 rigs from last week to 18 and down 7 rigs year over year. Out of the 18 rigs in operation, 17 are drilling in the U.S. Gulf of Mexico, and one is drilling in Alaska.

BHI Rig Count: Canada -21 to 331 rigs

Canadian Rig Count is down 21 rigs from last week to 331, with oil rigs down 13 to 194 and gas rigs down 8 to 137.

Canadian Rig Count is up 125 rigs from last year’s count of 206, with oil rigs up 85 and gas rigs up 40.