Baker Hughes reports that the U.S. rig count is up 11 rigs from last week to 1,032, with oil rigs up 9 to 834, gas rigs up 1 to 196, and miscellaneous rigs up 1 to 2. The U.S. Rig Count is up 155 rigs from last year’s count of 877, with oil rigs up 131, gas rigs up 23, and miscellaneous rigs up 1 to 2. The U.S. Offshore Rig Count is up 1 rig to 19 and unchanged year-over-year. The Canada Rig Count is up 1 rig from last week to 86, with oil rigs up 4 to 37 and gas rigs down 3 to 49. The Canada Rig Count is up 4 rigs from last year’s count of 82, with oil rigs up 10 and gas rigs down 6.
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