Baker Hughes (BKR) reports that the U.S. rig count is down 4 from last week to 576 with oil rigs down 6 to 472, gas rigs up 1 to 99 and miscellaneous rigs up 1 to 5. The U.S. Rig Count is down 45 rigs from last year’s count of 621 with oil rigs down 27, gas rigs down 20 and miscellaneous up 2. The U.S. Offshore Rig Count is unchanged at 14, down 5 year-over-year. The Canada Rig Count is up 16 from last week to 245, with oil rigs up 18 to 174, gas rigs down 2 to 71 and miscellaneous rigs unchanged at 0. The Canada Rig Count is up 15 rigs from last year’s count of 230 with oil rigs up 30, gas rigs down 15 and miscellaneous rigs unchanged.
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