Baker Hughes Rig Count: U.S. -5 to 855 rigs
U.S. Rig Count is down 5 rigs from last week to 855, with oil rigs down 3 to 710, gas rigs down 2 to 144, and miscellaneous rigs unchanged at 1.
U.S. Rig Count is down 197 rigs from last year's count of 1,052, with oil rigs down 151, gas rigs down 45, and miscellaneous rigs down 1 rig to 1.
The U.S. Offshore Rig Count is unchanged at 24 and up 1 rig year-over-year.
Baker Hughes Rig Count: Canada +17 rigs to 144 rigs
Canada Rig Count is up 17 rigs from last week to 144, with oil rigs up 17 to 105 and gas rigs unchanged at 39.
Canada Rig Count is down 38 rigs from last year's count of 182, with oil rigs down 14 and gas rigs down 24.
Additional information on the Baker Hughes Rig Count is available on the rig count website at http://bhge.com/rig-count.
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Industries such as construction, mining, energy, utilities and forestry, face many challenges when it comes to tracking assets and employees. Equipment often has to be transferred between locations, or monitored while it is dormant during off seasons. Lone workers may have to travel long distances or visit multiple sites during the course of their activities. And, all of this is further complicated today with shifting supply chains and economic realities putting further strain on the bottom line.