Baker Hughes reports U.S. rig count down 4 to 1,071 rigs - InvestingChannel

Baker Hughes reports U.S. rig count down 4 to 1,071 rigs

Baker Hughes reports that the U.S. rig count is down 4 rigs from last week to 1,071, with oil rigs down 4 to 873 and gas rigs unchanged at 198. The U.S. Rig Count is up 141 rigs from last year’s count of 930, with oil rigs up 126 and gas rigs up 15. The U.S. Offshore Rig Count is unchanged at 23 rigs and up 4 rigs year-over-year. The Canada Rig Count is down 12 rigs from last week to 174, with oil rigs down 7 to 95 and gas rigs down 5 to 79. The Canada Rig Count is down 64 rigs from last year’s count of 238, with oil rigs down 39 and gas rigs down 25.