Baker Hughes US Rig Count Increases 3 to 673

The Baker Hughes United States Rig Count is up three from last week to 673, with oil rigs up two to 533, gas up one to 138 and miscellaneous rigs unchanged at two.

• The U.S. Rig Count is up 243 rigs from last year’s count of 430, with oil rigs up 196 gas rigs up 47 and miscellaneous unchanged at two.
• The U.S. Offshore Rig Count is unchanged at 14, unchanged year over year.
• The Canada Rig Count is down 16 from last week to 124, with oil rigs down 12 to 64 and gas rigs down four to 60.
• The Canada Rig Count is up 55 rigs from last year’s count of 69, with oil rigs up 40 and gas rigs up 15.