Baker Hughes reports that the U.S. rig count is unchanged from last week at 589 with oil rigs up 1 to 483, gas rigs down 1 to 102 and miscellaneous rigs unchanged at 4. The U.S. Rig Count is down 31 rigs from last year’s count of 620 with oil rigs down 15, gas rigs down 18 and miscellaneous up 2. The U.S. Offshore Rig Count is unchanged at 14, down 5 year-over-year. The Canada Rig Count is down 25 from last week to 166, with oil rigs down 10 to 110, gas rigs down 15 to 56 and miscellaneous rigs unchanged at 0. The Canada Rig Count is up 20 rigs from last year’s count of 146 with oil rigs up 29, gas rigs down 9 and miscellaneous rigs unchanged.
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