Baker Hughes reports U.S. rig count down 4 to 600 rigs

Baker Hughes reports that the U.S. rig count is down 4 from last week to 600 with oil rigs unchanged at 497, gas rigs down 4 to 99 and miscellaneous rigs unchanged at 4. The U.S. Rig Count is down 111 rigs from last year’s count of 711 with oil rigs down 73, gas rigs down 38 and miscellaneous unchanged. The U.S. Offshore Rig Count is up 1 to 21, up 1 year-over-year. The Canada Rig Count is up 6 from last week to 120, with oil rigs up 7 to 64, and gas rigs down 1 to 56. The Canada Rig Count is up 33 from last year’s count of 87, with oil rigs up 22, and gas rigs up 11.