Offshore rig count sinking

Offshore rig count sinkingBaker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website according to which the U. S. offshore rig count is down. 

BHI Rig Count: U.S. -7 to 868 rigs

U.S. Rig Count is down 7 rigs from last week to 868, with oil rigs down 4 to 642, gas rigs down 3 to 222, and miscellaneous rigs unchanged at 4.

U.S. Rig Count is down 992 rigs from last year at 1860, with oil rigs down 894, gas rigs down 98, and miscellaneous rigs unchanged at 4.

The U.S. Offshore rig count is 27, down 2 rigs from last week, and down 31 rigs year over year.

BHI Rig Count: Canada +18 to 116 rigs

Canadian Rig Count is up 18 rigs from last week to 116 rigs, with oil rigs up 15 to 59, and gas rigs up 3 to 57.

Canadian Rig Count is down 98 rigs from last year at 214, with oil rigs down 63, and gas rigs down 35.

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