Baker Hughes (BKR) reports that the U.S. rig count is down 5 from last week to 584 with oil rigs down 2 to 480, gas rigs down 3 to 100 and miscellaneous rigs unchanged at 4. The U.S. Rig Count is down 35 rigs from last year’s count of 619 with oil rigs down 19, gas rigs down 17 and miscellaneous up 1. The U.S. Offshore Rig Count is unchanged at 14, down 6 year-over-year. The Canada Rig Count is up 122 from last week to 216, with oil rigs up 100 to 144, gas rigs up 22 to 72 and miscellaneous rigs unchanged at 0. The Canada Rig Count is up 3 rigs from last year’s count of 213 with oil rigs up 11, gas rigs down 8 and miscellaneous rigs unchanged.
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