U.S. weekly offshore rig count down third week in a row
- Exploration & Production
The U.S. offshore rig count saw a drop for a third week in a row, the oilfield services provider Baker Hughes reported on Friday.
BHI Rig Count: U.S. +13 to 870 rigs
U.S. Rig Count is up 13 rigs from last week to 870, with oil rigs up 9 to 697, gas rigs up 4 to 171, and miscellaneous rigs unchanged at 2.
U.S. Rig Count is up 450 rigs from last year’s count of 420, with oil rigs up 365, gas rigs up 84, and miscellaneous rigs up 1.
The U.S. Offshore Rig Count is down 3 rigs from last week to 17 and down 8 rigs year over year.
BHI Rig Count: Canada -14 to 85 rigs
Canadian Rig Count is down 14 rigs from last week to 85, with oil rigs down 9 to 24 and gas rigs down 5 to 61.
Canadian Rig Count is up 48 rigs from last year’s count of 37, with oil rigs up 14, gas rigs up 35, and miscellaneous rigs down 1.