U.S. offshore rig count sinks to 18 units

The number of offshore rigs in the U.S. dropped to 18 units last week, according to weekly rig count reports by Baker Hughes, a GE company. 

Baker Hughes Rig Count: U.S. -13 to 1,044 rigs

U.S. Rig Count is down 13 rigs from last week to 1,044, with oil rigs down 9 to 860, gas rigs down 4 to 182, and miscellaneous rigs unchanged at 2.

U.S. Rig Count is up 104 rigs from last year’s count of 940, with oil rigs up 101, gas rigs up 2, and miscellaneous rigs up 1.

The U.S. Offshore Rig Count is down 3 rigs to 18 and up 1 rig year-over-year.

Baker Hughes Rig Count: Canada +17 to 229 rigs

Canada Rig Count is up 17 rigs from last week to 229, with oil rigs up 12 to 153 and gas rigs up 5 to 76.

Canada Rig Count is up 12 rigs from last year’s count of 217, with oil rigs up 38 and gas rigs down 26.