The number of offshore rigs in the U.S. dropped for the second time in a row, according to weekly rig count reports published on Friday by Baker Hughes, a GE company.
Baker Hughes Rig Count: U.S. -4 to 942 rigs
U.S. Rig Count is down 4 rigs from last week to 942, with oil rigs down 6 to 770, gas rigs up 2 to 171, and miscellaneous rigs unchanged at 1.
U.S. Rig Count is down 102 rigs from last year’s count of 1,044, with oil rigs down 89, gas rigs down 12, and miscellaneous rigs down 1 to 1.
The U.S. Offshore Rig Count is down 1 rig to 24 and up 7 rigs year-over-year.
Baker Hughes Rig Count: Canada + 10 rigs to 137 rigs
Canada Rig Count is up 10 rigs from last week to 137, with oil rigs up 6 to 91 and gas rigs up 4 to 46.
Canada Rig Count is down 86 rigs from last year’s count of 223, with oil rigs down 61 and gas rigs down 25.
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