Baker Hughes reports U.S. rig count down 15 to 696 rigs - InvestingChannel

Baker Hughes reports U.S. rig count down 15 to 696 rigs

Baker Hughes reports that the U.S. rig count is down 15 from last week to 696 with oil rigs down 15 to 555, gas rigs unchanged at 137 and miscellaneous rigs unchanged at 4. The U.S. Rig Count is down 31 rigs from last year’s count of 727 with oil rigs down 19, gas rigs down 14 and miscellaneous up 2. The U.S. Offshore Rig Count is unchanged at 20, up 4 year-over-year. The Canada Rig Count is up 10 from last week to 97, with oil rigs up 9 to 51, gas rigs up 1 to 46. The Canada Rig Count is down 20 rigs from last year’s count of 117 with oil down 21, gas rigs up 1.

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