Oil rigs count increased to reach 357Staff Writer | July 15, 2016
Baker Hughes released the weekly rig counts as of July 15, 2016. U.S. Rig Count is up 7 rigs from last week to 447.
Oil and gas exploration Gas rigs increased to 89
U.S. Rig Count is down 410 rigs from last year's count of 857, with oil rigs down 281, gas rigs down 129, and miscellaneous rigs unchanged at 1. The U.S. Offshore Rig Count is 22, up 3 rigs from last week, and down 9 rigs year over year.
Canadian Rig Count is up 14 rigs from last week to 95, with oil rigs up 7 to 44, gas rigs up 7 to 50, and miscellaneous rigs unchanged at 1.
Canadian Rig Count is down 97 rigs from last year's count of 192, with oil rigs down 54, gas rigs down 44, and miscellaneous rigs up 1. ■