Baker Hughes reports U.S. rig count up 6 to 680 rigs

Baker Hughes reports that the U.S. rig count is up 6 from last week to 680 with oil rigs down 5 to 540, gas rigs up 11 to 135 and miscellaneous rigs unchanged at 5. The U.S. Rig Count is down 72 rigs from last year’s count of 752 with oil rigs down 57, gas rigs down 18 and miscellaneous up 3. The U.S. Offshore Rig Count is unchanged at 19, up 2 year-over-year. The Canada Rig Count is up 8 from last week to 175, with oil rigs up 2 to 111, gas rigs up 6 to 64. The Canada Rig Count is unchanged from last year’s count of 175 with oil rigs down 5, and gas rigs up 5.