Baker Hughes has posted its Weekly Rig Count reports, and the numbers are down, both offshore and onshore.
BHI Rig Count: U.S. -7 to 737 rigs
U.S. Rig Count is down 7 rigs from last week to 737, with oil rigs down 10 to 545, and gas rigs up 3 to 192.
U.S. Rig Count is down 1,183 rigs from last year at 1,920, with oil rigs down 1,030, gas rigs down 152, and miscellaneous rigs down 1.
The U.S. Offshore rig count is 25, down 5 rigs from last week, and down 33 rigs year over year.
BHI Rig Count: Canada -7 to 177 rigs
Canadian Rig Count is down 7 rigs from last week to 177, with oil rigs down 4 to 77, and gas rigs down 3 to 100.
Canadian Rig Count is down 245 rigs from last year at 422, with oil rigs down 135, and gas rigs down 110.