U.S. offshore rig count stays put/still for two consecutive weeks

U.S. offshore rig count stands firm for two consecutive weeks

Exploration & Production

The number of offshore rigs in the U.S. remained moored at 12 units without any upward or downward deviations for two weeks in a row, based on Baker Hughes’ weekly rig count report from last Friday.

Transocean's Deepwater-Invictus (for illustration purposes); Source: BHP

Baker Hughes Rig Count: U.S. unchanged at 650 rigs

U.S. Rig Count is unchanged from last week at 650 with oil rigs down 3 to 519, gas up 3 to 130, and miscellaneous rigs unchanged at 1.

U.S. Rig Count is up 247 rigs from last year’s count of 403 with oil rigs up 209 gas rigs up 38 and miscellaneous unchanged at 1.

The U.S. Offshore Rig Count is unchanged at 12, down 2 year-over-year.

Baker Hughes Rig Count: Canada -7 to 217 rigs
Canada Rig Count is down 7 from last week to 217, with oil rigs down 4 to 134, gas rigs down 3 to 82 and miscellaneous unchanged at 1.

Canada Rig Count is up 76 rigs from last year’s count of 141, with oil rigs up 54, gas rigs up 21 and miscellaneous up 1.