Baker Hughes reports U.S. rig count down 2 to 251 rigs - InvestingChannel

Baker Hughes reports U.S. rig count down 2 to 251 rigs

Baker Hughes reports that the U.S. rig count is down 2 rigs from last week to 251 with oil rigs up 1 to 181, gas rigs down 3 to 68, and miscellaneous rigs unchanged at 2. The U.S. Rig Count is down 695 rigs from last year’s count of 946, with oil rigs down 595, gas rigs down 101, and miscellaneous rigs up 1 to 2. The U.S. Offshore Rig Count is unchanged at 12 and down 13 year-over-year. The Canada Rig Count is up 10 rigs from last week to 42, with oil rigs up 4 to 10 and gas rigs up 6 to 32. The Canada Rig Count is down 85 rigs from last year’s count of 127, with oil rigs down 75 and gas rigs down 10.