Baker Hughes reports U.S. rig count down 9 to 798 rigs - InvestingChannel

Baker Hughes reports U.S. rig count down 9 to 798 rigs

Baker Hughes reports that the U.S. rig count is down 9 rigs from last week to 796, with oil rigs down 7 to 670, gas rigs down 2 to 123, and miscellaneous rigs unchanged at 3. The U.S. Rig Count is down 279 rigs from last year’s count of 1,075, with oil rigs down 207, gas rigs down 75, and miscellaneous rigs up 3 to 3. The U.S. Offshore Rig Count is down 1 to 22 unchanged year-over-year. The Canada Rig Count is down 14 rigs from last week to 85, with oil rigs down 25 to 27 and gas rigs up 11 to 58. The Canada Rig Count is up 9 rigs from last year’s count of 76, with oil rigs up 7 and gas rigs up 2.