Baker Hughes reports that the U.S. rig count is down 3 from last week to 621 with oil rigs down 3 to 506, gas rigs unchanged at 112 and miscellaneous rigs unchanged at 3. The U.S. Rig Count is down 134 rigs from last year’s count of 755 with oil rigs down 86, gas rigs down 48 and miscellaneous unchanged. The U.S. Offshore Rig Count is down 3 to 20, up 2 year-over-year. The Canada Rig Count is down 18 from last week to 151, with oil rigs down 16 to 75, and gas rigs down 2 to 76. The Canada Rig Count is up 12 from last year’s count of 139, with oil rigs up 17, and gas rigs down 5.
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