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Rig report: U.S. market slips while Canada bounces back

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Baker Hughes has released their latest rig report, which saw positive gains in the Canadian market.

The U.S. rig count is down 3 from last week at 488 with oil rigs down 2 to 385, gas rigs down 1 to 103, and miscellaneous rigs unchanged at 0. 

Overall, the U.S. rig count is up 237 rigs from last year's count of 251, with oil rigs up 205, gas rigs up 34, and miscellaneous rigs down 2.

The U.S. offshore rig count is down 3 to 14, up 2 year-over-year.

In Canada, the rig count is up 4 from last week to 153, with oil rigs unchanged at 93, gas rigs up 4 to 59 and miscellaneous rigs unchanged at 1. 

Overall, the Canada rig count is up 108 rigs from last year's count of 45, with oil rigs up 82, gas rigs up 26 and miscellaneous rigs unchanged at 1.

Company info

2929 Allen Parkway, Suite 2100
Houston, TX
US, 77019-2118

Website:
bakerhughes.com

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