Baker Hughes reports U.S. rig count down 1 to 987 rigs - InvestingChannel

Baker Hughes reports U.S. rig count down 1 to 987 rigs

Baker Hughes reports that the U.S. rig count is down 1 rig from last week to 987, with oil rigs down 3 to 802, gas rigs up 2 to 185, and miscellaneous rigs unchanged at 0. The U.S. Rig Count is down 59 rigs from last year’s count of 1,046, with oil rigs down 42, gas rigs down 15, and miscellaneous rigs down 2. The U.S. Offshore Rig Count is up 2 rigs to 22 and up 3 rigs year-over-year. The Canada Rig Count is unchanged from last week at 63, with oil rigs unchanged at 22 and gas rigs unchanged at 41. The Canada Rig Count is down 20 rigs from last year’s count of 83, with oil rigs down 16 and gas rigs down 4.