Baker Hughes reports U.S. rig count down 5 to 958 rigs - InvestingChannel

Baker Hughes reports U.S. rig count down 5 to 958 rigs

Baker Hughes reports that the U.S. rig count is down 5 rigs from last week to 958, with oil rigs down 4 to 784, gas rigs down 2 to 172, and miscellaneous rigs up 1 to 2. The U.S. Rig Count is down 96 rigs from last year’s count of 1,054, with oil rigs down 79, gas rigs down 17, and miscellaneous rigs unchanged at 2. The U.S. Offshore Rig Count is up 2 rigs to 26 and up 7 rigs year-over-year. The Canada Rig Count is down 3 rigs from last week to 117, with oil rigs up 5 to 85 and gas rigs down 8 to 32. The Canada Rig Count is down 80 rigs from last year’s count of 197, with oil rigs down 54 and gas rigs down 26.