Baker Hughes reports U.S. rig count up 4 to 758 rigs

Baker Hughes reports that the U.S. rig count is up 4 from last week to 758 with oil rigs up 4 to 593, gas rigs unchanged at 162 and miscellaneous rigs unchanged at 3. The U.S. Rig Count is up 88 rigs from last year’s count of 670 with oil rigs up 62, gas rigs up 25 and miscellaneous up 1. The U.S. Offshore Rig Count is up 1 to 18, up 4 year-over-year. The Canada Rig Count is down 42 from last week to 165, with oil rigs down 36 to 86, gas rigs down 6 to 79. The Canada Rig Count is up 25 rigs from last year’s count of 140 with oil rigs up 10, gas rigs up 15.