U.S. offshore rig count stays flat for another week

Exploration & Production

The U.S. offshore rig count has not changed for the third week in a row now, according to a Friday report by Baker Hughes.

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Baker Hughes Rig Count: U.S. -2 to 251 rigs

U.S. Rig Count is down 2 rigs from last week to 251 with oil rigs up 1 to 181, gas rigs down 3 to 68, and miscellaneous rigs unchanged at 2.

U.S. Rig Count is down 695 rigs from last year’s count of 946, with oil rigs down 595, gas rigs down 101, and miscellaneous rigs up 1 to 2.

The U.S. Offshore Rig Count is unchanged at 12 and down 13 year-over-year.

Baker Hughes Rig Count: Canada +10 rigs to 42 rigs

Canada Rig Count is up 10 rigs from last week to 42, with oil rigs up 4 to 10 and gas rigs up 6 to 32.

Canada Rig Count is down 85 rigs from last year’s count of 127, with oil rigs down 75 and gas rigs down 10.

Header photo by SP Mac