Baker Hughes reports U.S. rig count down 1 to 585 rigs - InvestingChannel

Baker Hughes reports U.S. rig count down 1 to 585 rigs

Baker Hughes reports that the U.S. rig count is down 1 from last week to 585 with oil rigs unchanged at 483, gas rigs down 1 to 97 and miscellaneous rigs unchanged at 5. The U.S. Rig Count is down 47 rigs from last year’s count of 632 with oil rigs down 29, gas rigs down 18 and miscellaneous rigs unchanged. The U.S. Offshore Rig Count is unchanged at 19, up 3 year-over-year. The Canada Rig Count is up 2 from last week to 219, with oil rigs up 2 to 153, gas rigs unchanged at 66. The Canada Rig Count is up 29 from last year’s count of 190, with oil rigs up 37, gas rigs down 8.

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