Rig counts across North America show little to no movement; U.S. sees minor dip
Baker Hughes has released rig count numbers for the week ending on September 11, with the U.S. industry seeing a slight dip after its first big uptick at the end of August, while Canadian numbers show status quo since last week's count.
The U.S. rig count is down 2 from last week to 254 with oil rigs down 1 to 180, gas rigs down 1 to 71, and miscellaneous rigs unchanged at 3. U.S. rig count is down 632 rigs from last year's count of 886, with oil rigs down 553, gas rigs down 82, and miscellaneous rigs up 3 to 3.
The U.S. offshore rig count is unchanged at 15 down 10 year-over-year.
In Canada, the rig count is unchanged from last week at 52, with oil rigs unchanged at 19, gas rigs unchanged at 33. Canada Rig Count is down 82 rigs from last year's count of 134, with oil rigs down 74, gas rigs down 8.
Additional information on the Baker Hughes Rig Count is available on the rig count website at http://bakerhughes.com/rig-count.