U.S. weekly offshore rig count in sharp drop

The number of offshore rigs in the U.S. dropped to 19 units last week, according to weekly rig count reports on Friday by Baker Hughes Company.

Baker Hughes Rig Count: U.S. -1 to 792 rigs

U.S. Rig Count is down 1 rig from last week to 792, with oil rigs up 1 to 683, gas rigs down 2 to 107, and miscellaneous rigs unchanged at 2.

U.S. Rig Count is down 234 rigs from last year’s count of 1,026, with oil rigs down 150, gas rigs down 86, and miscellaneous rigs up 2 to 2.

The U.S. Offshore Rig Count is down 4 to 19 and down 3 year-over-year.

Baker Hughes Rig Count: Canada -28 rigs to 175 rigs

Canada Rig Count is down 28 rigs from last week to 175, with oil rigs down 19 to 115 and gas rigs down 9 to 60.

Canada Rig Count is up 14 rigs from last year’s count of 161, with oil rigs up 17 and gas rigs down 3.

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