Baker Hughes (BKR) reports that the U.S. rig count is down 2 from last week to 537 with oil rigs down 1 to 424, gas rigs unchanged at 108 and miscellaneous rigs down 1 to 5. The U.S. Rig Count is down 47 rigs from last year’s count of 584 with oil rigs down 54, gas rigs up 8 and miscellaneous rigs down 1. The U.S. Offshore Rig Count is unchanged at 13, down 10 year-over-year. The Canada Rig Count is up 11 from last week to 162, with oil rigs up 10 to 112, gas rigs up 1 to 50 and miscellaneous rigs unchanged at 0. The Canada Rig Count is down 27 from last year’s count of 189 with oil rigs down 14, gas rigs down 13 and miscellaneous rigs unchanged.
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