U.S. offshore rig count drops to 16 units

The number of offshore rigs in the U.S. decreased to 16 units last week, according to a Friday report by Baker Hughes, a GE company. 

Baker Hughes Rig Count: U.S. +2 to 1,048 rigs

U.S. Rig Count is up 2 rigs from last week to 1,048, with oil up 3 to 861, gas rigs down 1 to 186, and miscellaneous rigs unchanged at 1.

U.S. Rig Count is up 90 rigs from last year’s count of 958, with oil rigs up 95, gas rigs down 6, and miscellaneous rigs up 1.

The U.S. Offshore Rig Count is down 1 rig to 16 and down 8 rigs year-over-year.

Baker Hughes Rig Count: Canada +12 to 223 rigs

Canada Rig Count is up 12 rigs from last week to 223, with oil rigs up 12 to 154 and gas rigs unchanged at 69.

Canada Rig Count is up 3 rigs from last year’s count of 220, with oil rigs up 25 and gas rigs down 22.