Baker Hughes reports U.S. rig count up 4 to 693 rigs - InvestingChannel

Baker Hughes reports U.S. rig count up 4 to 693 rigs

Baker Hughes reports that the U.S. rig count is up 4 from last week to 693 with oil rigs up 2 to 548, gas rigs up 2 to 143 and miscellaneous rigs unchanged at 2. The U.S. Rig Count is up 254 rigs from last year’s count of 439 with oil rigs up 204, gas rigs up 49 and miscellaneous down 1 to 1. The U.S. Offshore Rig Count is unchanged at 12, unchanged year-over-year. The Canada Rig Count is down 8 from last week to 103, with oil rigs down 4 to 49, gas rigs down 4 to 54. Canada Rig Count is up 47 rigs from last year’s count of 56, with oil rigs up 32, gas rigs up 15.

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