The number of offshore rigs in the U.S. dropped to 20 units last week, according to weekly rig count reports released by Baker Hughes, a GE company, on Friday.
Baker Hughes Rig Count: U.S. -10 to 1,016 rigs
U.S. Rig Count is down 10 rigs from last week to 1,016, with oil rigs down 9 to 824 and gas rigs down 1 to 192.
U.S. Rig Count is up 21 rigs from last year’s count of 995, with oil rigs up 20, gas rigs up 2, and miscellaneous rigs down 1 to 0.
The U.S. Offshore Rig Count is down 2 rigs to 20 and up 7 rigs year-over-year.
Baker Hughes Rig Count: Canada -56 to 105 rigs
Canada Rig Count is down 56 rigs from last week to 105, with oil rigs down 49 to 49 and gas rigs down 7 to 56.
Canada Rig Count is down 56 rigs from last year’s count of 161, with oil rigs down 44 and gas rigs down 12.