Baker Hughes reports U.S. rig count down 5 to 817 rigs - InvestingChannel

Baker Hughes reports U.S. rig count down 5 to 817 rigs

Baker Hughes reports that the U.S. Rig Count is down 5 rigs from last week to 817, with oil rigs down 7 to 684, gas rigs unchanged at 130, and miscellaneous rigs up 2 to 3. The U.S. Rig Count is down 264 rigs from last year’s count of 1,081, with oil rigs down 202, gas rigs down 65, and miscellaneous rigs up 3 to 3. The U.S. Offshore Rig Count is up 1 to 23 and up 2 rigs year-over-year. The Canada Rig Count is down 2 rigs from last week to 140, with oil rigs up 4 to 97 and gas rigs down 6 to 43. The Canada Rig Count is down 56 rigs from last year’s count of 196, with oil rigs down 20 and gas rigs down 36.