The number of offshore rigs in the U.S. decreased by one unit last week, according to weekly rig count reports by Baker Hughes.
Baker Hughes Rig Count: U.S. +13 to 373 rigs
U.S. Rig Count is up 13 from last week to 373 with oil rigs up 12 to 287, gas rigs up 1 to 85, and miscellaneous rigs unchanged at 1.
U.S. Rig Count is down 423 rigs from last year’s count of 796, with oil rigs down 386, gas rigs down 35 and miscellaneous rigs down 2.
The U.S. Offshore Rig Count is down 1 to 16, down 4 year-over-year.
Baker Hughes Rig Count: Canada +44 rigs to 161 rigs.
Canada Rig Count is up 44 from last week to 161, with oil rigs up 37 to 90, gas rigs up 7 to 71.
Canada Rig Count is down 83 rigs from last year’s count of 244, with oil rigs down 62, gas rigs down 21.