Baker Hughes reports U.S. rig count up 13 to 430 rigs

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.