After two weeks of no change, the number of offshore rigs in the U.S. increased to 15 units over the last week, according to weekly rig count reports on Friday by Baker Hughes.
Baker Hughes Rig Count: U.S. +3 to 503 rigs
U.S. Rig Count is up 3 from last week to 503 with oil rigs up 8 to 405, gas rigs down 5 to 97, and miscellaneous rigs unchanged at 1.
U.S. Rig Count is up 249 rigs from last year’s count of 254, with oil rigs up 222 gas rigs up 28 and miscellaneous rigs down 1 to 1.
The U.S. Offshore Rig Count is up 1 to 15, up 2 year-over-year.
Baker Hughes Rig Count: Canada -8 to 156 rigs.
Canada Rig Count is down 8 from last week to 156, with oil rigs down 5 to 95, gas rigs down 3 to 60 and miscellaneous unchanged at 1.
Canada Rig Count is up 100 rigs from last year’s count of 56, with oil rigs up 75, gas rigs up 24 and miscellaneous unchanged at 1.