US Rig Count Up 6

In the latest Baker Hughes Rig Count, released Jan. 29, the United States rig count was up six from the previous week to 384. Oil rigs were up six to 295, gas rigs were unchanged at 88, and miscellaneous rigs were unchanged at one.

The U.S. rig count was down 406 rigs from last year’s count of 790, with oil rigs down 380, gas rigs down 24, and miscellaneous rigs down two.

The U.S. offshore rig count was unchanged at 16, down five year over year.

Baker Hughes reports the Canada rig count was up two from last week to 174, with oil rigs up two to 98 and gas rigs unchanged at 76.

The Canada rig count was down 73 rigs from last year’s count of 247, with oil rigs down 59 and gas rigs down 14.