The number of U.S. offshore rigs dropped to 18 units last week, according to a Friday report by Baker Hughes, a GE company.
Baker Hughes Rig Count: U.S. -2 to 929 rigs
U.S. Rig Count is down 2 rigs from last week to 929, with oil rigs unchanged at 747, gas rigs down 2 to 182, and miscellaneous rigs unchanged.
U.S. Rig Count is up 271 rigs from last year’s count of 658, with oil rigs up 222, gas rigs up 50, and miscellaneous rigs down 1 to 0.
The U.S. Offshore Rig Count is down 1 rig from last week to 18 and down 5 rigs year-over-year.
Baker Hughes Rig Count: Canada -74 to 136 rigs
Canada Rig Count is down 74 rigs from last week to 136, with oil rigs down 58 to 62 and gas rigs down 16 to 74.
Canada Rig Count is down 21 rigs from last year’s count of 157, with oil rigs up 10, gas rigs down 26, and miscellaneous rigs down 5 to 0.