The number of active offshore rigs in the U.S. dropped by one unit last week, according to data by Baker Hughes.
Baker Hughes Rig Count: U.S. +4 to 300 rigs
U.S. Rig Count is up 4 from last week to 300 with oil rigs up 5 to 226, gas rigs down 1 to 71, and miscellaneous rigs unchanged at 3.
U.S. Rig Count is down 517 rigs from last year’s count of 817, with oil rigs down 458, gas rigs down 59 and miscellaneous rigs unchanged at 3.
The U.S. Offshore Rig Count is down 1 to 12, down 11 year-over-year.
Baker Hughes Rig Count: Canada 0 rigs to 86 rigs.
Canada Rig Count is unchanged from last week at 86, with oil rigs down 3 to 37, gas rigs up 3 to 49.
Canada Rig Count is down 54 rigs from last year’s count of 140, with oil rigs down 60, gas rigs up 6.