Baker Hughes reports that the U.S. Rig Count is up 13 from last week at 430 with oil rigs up 13 to 337, gas rigs down 1 to 91, and miscellaneous rigs up 1 to 2. The U.S. Rig Count is down 234 rigs from last year’s count of 664, with oil rigs down 225, gas rigs down 9 and miscellaneous rigs unchanged at 2. The U.S. Offshore Rig Count is up 2 to 14, down 4 year-over-year. The Canada Rig Count is down 12 from last week to 69, with oil rigs down 7 to 24, gas rigs down 5 to 45. The Canada Rig Count is up 28 rigs from last year’s count of 41, with oil rigs up 15, gas rigs up 13.
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