Baker Hughes Reports U.S. Rig Count Down to 562
Baker Hughes reports that the U.S. rig count is down 1 from last week to 562 with oil rigs up 2 to 433, gas rigs down 3 to 121 and miscellaneous rigs unchanged at 8. U.S. Rig Count is up 7 rigs from last year's count of 555 with oil rigs down 6, gas rigs up 8 and miscellaneous rigs up 5. The U.S. Offshore Rig Count is down 2 to 8, down 2 year-over-year. The Canada Rig Count is up 11 from last week to 180 with oil rigs up 6 to 121, gas rigs up 4 to 58 and miscellaneous rigs up 1 to 1. The Canada Rig Count is up 42 from last year's count of 138 with oil rigs up 30, gas rigs up 11 and miscellaneous rigs up 1.