U.S. weekly rig count flat. Up from 2016
U.S. weekly offshore rig count was unchanged from last week, however, the number is higher when compared to the corresponding period in 2016, according to the Baker Hughes rig count reports.
Baker Hughes Rig Count: U.S. +12 to 952 rigs
U.S. Rig Count is up 12 rigs from last week to 952, with oil rigs up 7 to 763 and gas rigs up 5 to 189.
U.S. Rig Count is up 512 rigs from last year’s count of 440, with oil rigs up 412, gas rigs up 101, and miscellaneous rigs down 1 to 0.
The U.S. Offshore Rig Count is unchanged from last week at 21 and up 2 rigs year over year.
Baker Hughes Rig Count: Canada -14 to 175 rigs
Canadian Rig Count is down 14 rigs from last week to 175, with oil rigs down 7 to 105 and gas rigs down 7 to 70.
Canadian Rig Count is up 94 rigs from last year’s count of 81, with oil rigs up 68, gas rigs up 27, and miscellaneous rigs down 1 to 0.
Additional information on the Rig Count is available on our Rig Count website at https://bhge.com/rig-count.