Baker Hughes reports U.S. rig count down 2 to 585 rigs - InvestingChannel

Baker Hughes reports U.S. rig count down 2 to 585 rigs

Baker Hughes reports that the U.S. rig count is down 2 from last week to 585 with oil rigs down 5 to 479, gas rigs up 3 to 102 and miscellaneous rigs unchanged at 4. The U.S. Rig Count is down 34 rigs from last year’s count of 619 with oil rigs down 18, gas rigs down 16 and miscellaneous rigs unchanged. The U.S. Offshore Rig Count is down 1 to 18, down 2 year-over-year. The Canada Rig Count is up 5 from last week to 223, with oil rigs up 5 to 157, gas rigs down 2 to 63 and miscellaneous rigs up 2 to 3. The Canada Rig Count is up 43 from last year’s count of 180, with oil rigs up 49, gas rigs down 9 and miscellaneous rigs up 3.

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