According to the latest Baker Hughes Rig Count, released Oct. 23, the U.S. rig count is up five from last week to 287. Oil rigs are up six to 211, gas rigs are down one to 73, and miscellaneous rigs are unchanged at three.

The U.S. rig count is down 543 rigs from last year's count of 830, with oil rigs down 485, gas rigs down 60, and miscellaneous rigs up two.
The U.S. offshore rig count is down one to 13, down eight year-over-year.

The Canada rig count is up three from last week to 83. Oil rigs are up two to 42 and gas rigs are up one to 41.

The Canada rig count is down 64 rigs from last year's count of 147, with oil rigs down 60 and gas rigs down four.

SOURCE: The Weekly Propane Newsletter, October 29, 2020. Weekly Propane Newsletter subscribers receive all the latest posted and spot prices from major terminals and refineries around the U.S. delivered to inboxes every week. Receive a center spread of posted prices with hundreds of postings updated each week, along with market analysis, insightful commentary, and much more not found elsewhere.