Illustration; Source: Noble Baker Hughes

U.S. weekly offshore rig count up to 16

Exploration & Production

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

Illustration; Source: Noble

Baker Hughes Rig Count: U.S. +8 to 346 rigs

U.S. Rig Count is up 8 from last week to 346 with oil rigs up 5 to 263, gas rigs up 2 to 81, and miscellaneous rigs up 1 to 2.

U.S. Rig Count is down 467 rigs from last year’s count of 813, with oil rigs down 422, gas rigs down 44 and miscellaneous rigs down 1.

The U.S. Offshore Rig Count is up 3 to 16, down 8 year-over-year.

Baker Hughes Rig Count: Canada -9 rigs to 102 rigs.

Canada Rig Count is down 9 from last week to 102, with oil rigs down 11 to 41, gas rigs up 2 to 61.

Canada Rig Count is down 47 rigs from last year’s count of 149, with oil rigs down 47, gas rigs unchanged.