U.S. offshore rig count stable

Following an increase by two units in the week before, the number of U.S. offshore rigs remained the same last week, according to weekly rig count reports by Baker Hughes. 

BHI Rig Count: U.S. +7 to 908 rigs

U.S. Rig Count is up 7 rigs from last week to 908, with oil rigs up 2 to 722, gas rigs up 5 to 185, and miscellaneous rigs unchanged at 1.

U.S. Rig Count is up 504 rigs from last year’s count of 404, with oil rigs up 406, gas rigs up 98, and miscellaneous rigs unchanged.

The U.S. Offshore Rig Count is unchanged from last week at 23 and down 1 rig year over year.

BHI Rig Count: Canada +8 to 93 rigs

Canadian Rig Count is up 8 rigs from last week to 93, with oil rigs up 4 to 40 and gas rigs up 4 to 53.

Canadian Rig Count is up 50 rigs from last year’s count of 43, with oil rigs up 26, gas rigs up 25, and miscellaneous rigs down 1 to 0.