The number of active offshore rigs in the U.S. remained stuck at 17 for the second week in a row, according to weekly rig count reports by Baker Hughes.
Baker Hughes Rig Count: U.S. +7 to 491 rigs U.S. Rig Count is up 7 from last week to 491 with oil rigs up 7 to 387, gas rigs unchanged at 104, and miscellaneous rigs unchanged at 0. U.S. Rig Count is up 240 rigs from last year’s count of 251, with oil rigs up 206 gas rigs up 36 and miscellaneous rigs down 2. The U.S. Offshore Rig Count is unchanged at 17, up 5 year-over-year. Baker Hughes Rig Count: Canada -1 to 149 rigs. Canada Rig Count is down 1 from last week to 149, with oil rigs down 1 to 93, gas rigs unchanged at 55 and miscellanous unchanged at 1. Canada Rig Count is up 107 rigs from last year’s count of 42, with oil rigs up 83, gas rigs up 23 and miscellanous rig up 1.