U.S. weekly offshore rig count rises. Still down year over year

Exploration & Production

U.S. weekly offshore rig count rises. Still down year over year

Baker Hughes Incorporated has issued its Weekly Rig Count reports, and offshore rigs in the U.S. have climbed up from the previous week.

BHI Rig Count: U.S. -9 to 859 rigs

U.S. Rig Count is down 9 rigs from last week to 859, with oil rigs down 7 to 635, gas rigs down 1 to 221, and miscellaneous rigs down 1 to 3.

U.S. Rig Count is down 995 rigs from last year at 1854, with oil rigs down 907, gas rigs down 89, and miscellaneous rigs up 1.
The U.S. Offshore rig count is 29, up 2 rigs from last week, and down 30 rigs year over year.
BHI Rig Count: Canada +11 to 127 rigs

Canadian Rig Count is up 11 rigs from last week to 127 rigs, with oil rigs up 9 to 68, and gas rigs up 2 to 59.

Canadian Rig Count is down 117 rigs from last year at 244, with oil rigs down 81, and gas rigs down 36.