Baker Hughes reports U.S. rig count up 9 to 641 rigs - InvestingChannel

Baker Hughes reports U.S. rig count up 9 to 641 rigs

Baker Hughes reports that the U.S. rig count is up 9 from last week to 641 with oil rigs up 2 to 515, gas rigs up 8 to 121 and miscellaneous rigs down 1 to 5. The U.S. Rig Count is down 122 rigs from last year’s count of 763 with oil rigs down 84, gas rigs down 41 and miscellaneous up 3. The U.S. Offshore Rig Count is unchanged at 19, up 4 year-over-year. The Canada Rig Count is up 8 from last week to 190, with oil rigs up 6 to 119 gas rigs up 2 to 71. Canada Rig Count is down 21 from last year’s count of 211, with oil rigs down 27, and gas rigs up 6.

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