Baker Hughes has released rig count numbers for the week ending on October 2, with both the U.S. and Canadian industry seeing an uptick in its rig counts for the second week running.
The U.S. rig count is up 5 from last week to 266 with oil rigs up 6 to 189, gas rigs down 1 to 74, and miscellaneous rigs unchanged at 3.
U.S. rig count is down 589 rigs from last year's count of 855, with oil rigs down 521, gas rigs down 70, and miscellaneous rigs up 2.
The U.S. Offshore rig count is unchanged at 14 down 10 year-over-year.
In Canada, the rig count is up 4 from last week to 75, with oil rigs up 4 to 37, gas rigs unchanged at 38.
Overall, the Canada rig count is down 69 rigs from last year's count of 144, with oil rigs down 68, gas rigs down 1.