Baker Hughes rig report: North American markets see small gains
Baker Hughes has released their latest rig report, which saw a slight uptick in rig count numbers across North America.
The U.S. rig count is up 2 from last week to 457 with oil rigs up 3 to 359, gas rigs down 1 to 98, and miscellaneous rigs unchanged at 0. Overall, the U.S. rig count is up 156 rigs from last year's count of 301, with oil rigs up 137 gas rigs up 21 and miscellaneous rigs down 2.
The U.S. offshore rig count is unchanged at 14, up 2 year-over-year.
In Canada, the rig count is up 4 from last week to 62, with oil rigs up 3 to 28, gas rigs up 1 to 34. Overall, the Canada rig count is up 42 rigs from last year's count of 20, with oil rigs up 21, gas rigs up 21.
Additional information on the Baker Hughes Rig Count is available on our rig count website at http://bakerhughes.com/rig-count.