Baker Hughes reports U.S. rig count down 7 to 772 rigs

Baker Hughes reports that the U.S. rig count is down 7 from last week to 772 with oil rigs down 3 to 618, gas rigs down 4 to 152 and miscellaneous rigs unchanged at 2. The U.S. Rig Count is up 184 rigs from last year’s count of 588 with oil rigs up 137, gas rigs up 45 and miscellaneous up 2. The U.S. Offshore Rig Count is up 1 to 16, flat year-over-year. The Canada Rig Count is up 105 from last week to 189, with oil rigs up 88 to 113, gas rigs up 17 to 76. The Canada Rig Count is up 48 rigs from last year’s count of 141 with oil rigs up 35, gas rigs up 13.