Bakes Hughes reports that the U.S. rig count is U.S. Rig Count is down 1 from last week to 539 with oil rigs up 1 to 411, gas rigs down 1 to 123 and miscellaneous rigs down 1 to 5. The U.S. Rig Count is down 49 rigs from last year’s count of 588 with oil rigs down 74, gas rigs up 26 and miscellaneous down 1. The U.S. Offshore Rig Count is unchanged at 13, down 6 year-over-year. The Canada Rig Count is up 3 from last week to 180, with oil rigs down 2 to 122, gas rigs up 4 to 57 and miscellaneous rigs up 1 to 1. The Canada Rig Count is down 37 from last year’s count of 217 with oil rigs down 25, gas rigs down 12 and miscellaneous rigs unchanged.
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