Baker Hughes (BKR) reports that the U.S. rig count is down 3 from last week to 584 with oil rigs down 4 to 479, gas rigs up 2 to 101 and miscellaneous rigs down 1 to 4. The U.S. Rig Count is down 21 rigs from last year’s count of 605 with oil rigs down 20, gas rigs down 1 and miscellaneous unchanged. The U.S. Offshore Rig Count is up 1 to 14, down 4 year-over-year. The Canada Rig Count is down 8 from last week to 120, with oil rigs down 7 to 74, gas rigs down 1 to 46 and miscellaneous rigs unchanged at 0. The Canada Rig Count is unchanged from last year’s count of 120 with oil rigs up 14, gas rigs down 14 and miscellaneous rigs unchanged.
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