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 up 1 to 482, gas rigs down 2 to 99 and miscellaneous rigs unchanged at 4. The U.S. Rig Count is down 39 rigs from last year’s count of 624 with oil rigs down 20, gas rigs down 19 and miscellaneous rigs unchanged. The U.S. Offshore Rig Count is unchanged at 18, down 6 year-over-year. The Canada Rig Count is down 2 from last week to 217, with oil rigs down 1 to 153, gas rigs down 1 to 64 and miscellaneous rigs unchanged at 0. The Canada Rig Count is up 19 from last year’s count of 198, with oil rigs up 32, gas rigs down 13 and miscellaneous rigs unchanged.