Baker Hughes reports U.S. rig count down 64 to 465 rigs - InvestingChannel

Baker Hughes reports U.S. rig count down 64 to 465 rigs

Baker Hughes reports that the U.S. rig count is down 64 rigs from last week to 465, with oil rigs down 60 to 378, gas rigs down 4 to 85, and miscellaneous rigs unchanged at 2. The U.S. Rig Count is down 526 rigs from last year’s count of 991, with oil rigs down 427, gas rigs down 101, and miscellaneous rigs up 2 to 2. The U.S. Offshore Rig Count is unchanged at 17 and down 4 year-over-year. The Canada Rig Count is down 4 rigs from last week to 26, with oil rigs up 1 to 8 and gas rigs down 5 to 18. The Canada Rig Count is down 37 rigs from last year’s count of 63, with oil rigs down 11 and gas rigs down 26.