Baker Hughes reports U.S. rig count up 1 to 586 rigs - InvestingChannel

Baker Hughes reports U.S. rig count up 1 to 586 rigs

Baker Hughes reports that the U.S rig count is up 1 from last week to 586 with oil rigs up 2 to 481, gas rigs down 1 to 101 and miscellaneous rigs unchanged at 4. The U.S. Rig Count is down 36 rigs from last year’s count of 622 with oil rigs down 20, gas rigs down 16 and miscellaneous rigs unchanged. The U.S. Offshore Rig Count is unchanged at 18, down 4 year-over-year. The Canada Rig Count is down 4 from last week to 219, with oil rigs down 3 to 154, gas rigs up 2 to 65 and miscellaneous rigs down 3 to 0. The Canada Rig Count is up 26 from last year’s count of 193, with oil rigs up 38, gas rigs down 11 and miscellaneous rigs down 1.

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