Baker Hughes reports that the U.S. rig count is up 3 from last week to 503 with oil rigs up 8 to 405, gas rigs down 5 to 97, and miscellaneous rigs unchanged at 1. The U.S. Rig Count is up 249 rigs from last year’s count of 254, with oil rigs up 222 gas rigs up 28 and miscellaneous rigs down 1 to 1. The U.S. Offshore Rig Count is up 1 to 15, up 2 year-over-year. The Canada Rig Count is down 8 from last week to 156, with oil rigs down 5 to 95, gas rigs down 3 to 60 and miscellaneous unchanged at 1. The Canada Rig Count is up 100 rigs from last year’s count of 56, with oil rigs up 75, gas rigs up 24 and miscellaneous unchanged at 1.