Baker Hughes reports U.S. rig count down 1 to 587 rigs - InvestingChannel

Baker Hughes reports U.S. rig count down 1 to 587 rigs

Baker Hughes reports that the U.S. rig count is down 1 from last week to 587 with oil rigs down 4 to 484, gas rigs up 3 to 99 and miscellaneous rigs unchanged at 4. The U.S. Rig Count is down 36 rigs from last year’s count of 623 with oil rigs down 18, gas rigs down 17 and miscellaneous rigs down 1. The U.S. Offshore Rig Count is down 1 to 19, down 1 year-over-year. The Canada Rig Count is up 7 from last week to 218, with oil rigs up 8 to 152, gas rigs down 1 to 65 and miscellaneous rigs unchanged at 1. The Canada Rig Count is up 27 from last year’s count of 191, with oil rigs up 37, gas rigs down 11 and miscellaneous rigs up 1.

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