Baker Hughes reports that the U.S. rig count is up 4 from last week to 756 with oil rigs up 2 to 599, gas rigs unchanged at 153 and miscellaneous rigs up 2 to 4. The U.S. Rig Count is up 272 rigs from last year’s count of 484 with oil rigs up 219, gas rigs up 49 and miscellaneous rigs up 4. The U.S. Offshore Rig Count is down 3 to 14, down 3 year-over-year. The Canada Rig Count is up 16 from last week to 191, with oil rigs up 9 to 125, gas rigs up 7 to 66. The Canada Rig Count is up 41 rigs from last year’s count of 150, with oil rigs up 31, gas rigs up 11 and miscellaneous rigs down 1.
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