Saturday, November 22, 2014

Baker Hughes Weekly Rig Counts

Baker Hughes $BHI has released it's weekly rig counts for North America and the U.S.

BHI Rig Count: U.S. +1 to 1929 rigs

U.S. Rig Count is up 1 rig from last week to 1929, with oil rigs down 4 to 1574, gas rigs up 5 to 355, and miscellaneous rigs unchanged at 0.

U.S. Rig Count is up 168 rigs from last year at 1761, with oil rigs up 187, gas rigs down 14, and miscellaneous rigs down 5.

The U.S. Offshore rig count is 53, up 1 rig from last week, and down 4 rigs year over year.

BHI Rig Count: Canada +32 to 434 rigs

Canadian Rig Count is up 32 rigs from last week to 434, with oil rigs up 27 to 243, and gas rigs up 5 to 191.

Canadian Rig Count is up 66 rigs from last year at 368, with oil rigs up 43, and gas rigs up 23.

Due to the Thanksgiving holiday next week, the NA Rig Count will be distributed on Wednesday, November 26 at 1:00 p.m. ET.

Additional information on the rig count is available on the rig count website at www.bakerhughes.com/rigcount.

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