U.S. weekly offshore rig count drops to 17

The number of U.S. offshore rigs dropped to 17 units this past week, according to a Friday report by Baker Hughes, a GE company.

Baker Hughes Rig Count: U.S. -5 to 924 rigs

U.S. Rig Count is down 5 rigs from last week to 924, with oil rigs down 5 to 742, gas rigs unchanged at 182, and miscellaneous rigs unchanged.

U.S. Rig Count is up 259 rigs from last year’s count of 665, with oil rigs up 213, gas rigs up 47, and miscellaneous rigs down 1 to 1.

The U.S. Offshore Rig Count is down 1 rig from last week to 17 and down 7 rigs year-over-year.

Baker Hughes Rig Count: Canada +38 to 174 rigs

Canada Rig Count is up 38 rigs from last week to 174, with oil rigs up 36 to 98 and gas rigs up 2 to 76.

Canada Rig Count is down 31 rigs from last year’s count of 205, with oil rigs up 17, gas rigs down 47, and miscellaneous rigs down 1 to 1.