Baker Hughes reports that the U.S. rig count is up 2 from last week to 758 with oil rigs unchanged at 599, gas rigs up 2 to 155 and miscellaneous rigs unchanged at 4. The U.S. Rig Count is up 267 rigs from last year’s count of 491 with oil rigs up 212, gas rigs up 51 and miscellaneous rigs up 4. The U.S. Offshore Rig Count is up 2 to 16, down 1 year-over-year. The Canada Rig Count is up 4 from last week to 195, with oil rigs down 1 to 124, gas rigs up 5 to 71. The Canada Rig Count is up 46 rigs from last year’s count of 149, with oil rigs up 31, gas rigs up 16 and miscellaneous rigs down 1.
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