After no change for two weeks in a row, the number of offshore rigs in the U.S. fell to 16 units, based on Baker Hughes’ weekly rig count report from last Friday.
Baker Hughes Rig Count: U.S. +3 to 613 rigs U.S. Rig Count is up 3 from last week to 613 with oil rigs up 2 to 497, gas up 1 to 116, and miscellaneous rigs unchanged at 0. U.S. Rig Count is up 221 rigs from last year’s count of 392 with oil rigs up 198 gas rigs up 24 and miscellaneous rigs down 1. The U.S. Offshore Rig Count is down 2 to 16, unchanged year-over-year. Baker Hughes Rig Count: Canada +1 to 218 rigs Canada Rig Count is up 1 from last week to 218, with oil rigs up 1 to 136, gas rigs unchanged at 82. Canada Rig Count is up 47 rigs from last year’s count of 171, with oil rigs up 41, gas rigs up 6.