U.S. offshore rig count climbs to 12 units

The number of offshore rigs in the U.S. climbed up by one unit over the last week, according to a report by Baker Hughes Company.

The Baker Hughes rig count was announced on Thursday, a day early this week, due to the U.S. Independence Day being observed on Friday, 3 July.

Baker Hughes Rig Count: U.S. -2 to 263 rigs

U.S. Rig Count is down 2 rigs from last week to 263 with oil rigs down 3 to 185, gas rigs up 1 to 76, and miscellaneous rigs unchanged at 2.

U.S. Rig Count is down 700 rigs from last year’s count of 963, with oil rigs down 603, gas rigs down 98, and miscellaneous rigs up 1 to 2.

The U.S. Offshore Rig Count is up 1 to 12 and down 12 year-over-year.

Baker Hughes Rig Count: Canada +5 rigs to 18 rigs

Canada Rig Count is up 5 rigs from last week to 18, with oil rigs up 2 to 6 and gas rigs up 3 to 12.

Canada Rig Count is down 102 rigs from last year’s count of 120, with oil rigs down 74 and gas rigs down 28.

Image by: SP Mac (used under permission by photographer)