Baker Hughes reports U.S. rig count down 9 to 975 rigs - InvestingChannel

Baker Hughes reports U.S. rig count down 9 to 975 rigs

Baker Hughes reports that the U.S. rig count is down 9 rigs from last week to 975, with oil rigs down 11 to 789, gas rigs up 2 to 186, and miscellaneous rigs unchanged at 0. The U.S. Rig Count is down 87 rigs from last year’s count of 1,062, with oil rigs down 73, gas rigs down 12, and miscellaneous rigs down 2. The U.S. Offshore Rig Count is unchanged at 23 and up 3 rigs year-over-year. The Canada Rig Count is up 18 rigs from last week to 103, with oil rigs up 15 to 59 and gas rigs up 3 to 44. The Canada Rig Count is down 9 rigs from last year’s count of 112, with oil rigs down 10 and gas rigs up 1.