Baker Hughes reports that the U.S. rig count is unchanged from last week at 600 with oil rigs down 1 to 496, gas rigs up 1 to 100 and miscellaneous rigs unchanged at 4. The U.S. Rig Count is down 96 rigs from last year’s count of 696 with oil rigs down 59, gas rigs down 37 and miscellaneous unchanged. The U.S. Offshore Rig Count is up 1 to 22, up 2 year-over-year. The Canada Rig Count is up 8 from last week to 128, with oil rigs up 10 to 74, and gas rigs down 2 to 54. The Canada Rig Count is up 31 from last year’s count of 97, with oil rigs up 23, and gas rigs up 8.
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