A semi-submersible offshore rig

U.S. offshore rig count stays flat for another week

The number of offshore rigs in the U.S. remained unchanged last week, according to the latest rig count reports by Baker Hughes.

A semi-submersible offshore rig (for illustration); Source: Equinor

Baker Hughes Rig Count: U.S. +9 to 360 rigs

U.S. Rig Count is up 9 from last week to 360 with oil rigs up 8 to 275, gas rigs up 1 to 84, and miscellaneous rigs unchanged at 1.

U.S. Rig Count is down 421 rigs from last year’s count of 781, with oil rigs down 384, gas rigs down 35 and miscellaneous rigs down 2.

The U.S. Offshore Rig Count is unchanged at 17, down 4 year-over-year.

Baker Hughes Rig Count: Canada +58 rigs to 117 rigs.

Canada Rig Count is up 58 from last week to 117, with oil rigs up 35 to 53, gas rigs up 23 to 64.

Canada Rig Count is down 86 rigs from last year’s count of 203, with oil rigs down 67, gas rigs down 19.