Baker Hughes (BKR) reports that the U.S. rig count is down 10 from last week to 566 with oil rigs down 8 to 465, gas rigs down 2 to 98 and miscellaneous rigs unchanged at 3. The U.S. Rig Count is down 34 rigs from last year’s count of 600 with oil rigs down 32, gas rigs down 1 and miscellaneous down 1. The U.S. Offshore Rig Count is unchanged at 11, down 10 year-over-year. The Canada Rig Count is down 7 from last week to 114, with oil rigs down 3 to 71, gas rigs down 4 to 43 and miscellaneous rigs unchanged at 0. The Canada Rig Count is down 6 from last year’s count of 120 with oil rigs up 7, gas rigs down 13 and miscellaneous rigs unchanged.
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