Baker Hughes (BKR) reports that the U.S. Rig Count is up 3 from last week to 545 with oil rigs up 3 to 409, gas rigs unchanged at 127 and miscellaneous rigs unchanged at 9. The U.S. Rig Count is down 44 rigs from last year’s count of 589 with oil rigs down 74, gas rigs up 25 and miscellaneous up 5. The U.S. Offshore Rig Count is up 1 to 16, up 2 year-over-year. The Canada Rig Count is down 67 from last week to 118, with oil rigs down 60 to 59, gas rigs down 7 to 59 and miscellaneous unchanged at 0. The Canada Rig Count is up 23 from last year’s count of 95 with oil rigs up 15, gas rigs up 8 and miscellaneous rigs unchanged.
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