Baker Hughes reports U.S. rig count up 2 to 586 rigs - InvestingChannel

Baker Hughes reports U.S. rig count up 2 to 586 rigs

Baker Hughes reports that the U.S. rig count is up 2 from last week to 586 with oil rigs down 1 to 477, gas rigs up 3 to 103 and miscellaneous rigs unchanged at 6. The U.S. Rig Count is down 83 rigs from last year’s count of 669 with oil rigs down 28, gas rigs down 53 and miscellaneous rigs down 2. The U.S. Offshore Rig Count is down 1 to 22, up 4 year-over-year. The Canada Rig Count is up 8 from last week to 197, with oil rigs up 4 to 130, gas rigs up 3 to 66. The Canada Rig Count is up 10 from last year’s count of 187, with oil rigs up 14, gas rigs down 5 and miscellaneous up 1.

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