U.S. offshore rig count down to 24 units

Exploration & Production

The number of offshore rigs in the U.S. dropped to 24 units last week, according to weekly rig count reports released on Friday by Baker Hughes, a GE company. 

Illustration; Author: SP Mac

Baker Hughes Rig Count: U.S. -8 to 860 rigs

U.S. Rig Count is down 8 rigs from last week to 860, with oil rigs down 6 to 713, gas rigs down 2 to 146, and miscellaneous rigs unchanged at 1.

U.S. Rig Count is down 194 rigs from last year’s count of 1,054, with oil rigs down 150, gas rigs down 43, and miscellaneous rigs down 1 rig to 1.

The U.S. Offshore Rig Count is down 1 rig to 24 and up 4 rigs year-over-year.

Baker Hughes Rig Count: Canada +8 rigs to 127 rigs

Canada Rig Count is up 8 rigs from last week to 127, with oil rigs up 6 to 88 and gas rigs up 2 to 39.

Canada Rig Count is down 51 rigs from last year’s count of 178, with oil rigs down 34 and gas rigs down 17.


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