Weekly Land-Based, Offshore Rig Counts Both Increase
Baker Hughes reported this week that the U.S. rig count rose by 15 to 1,842, and the U.S. offshore rig count is at 67, which constitutes an increase of four over last week.
While the offshore rig count drops six over last year's count at this time, the U.S. land-based increase puts the total up 95 over this time last year.
The Canadian rig count dropped eight rigs to 88 over last week, but the count is still up six over this time last year.
- Baker Hughes: Oil Drillers In Canada Boost Rigs To 10-Month High (Jan 12)
- Baker Hughes: US Oil Rig Count Ends 2017 40% Above Year-Ago Levels (Dec 29)
- Baker Hughes: US Drillers Add The Most Oil Rigs In A Week Since June (Nov 10)