Steel Products
January 2, 2013
U.S. Rig Count Decreases by 11 and Canada Decreases by 180
Written by John Packard
According to Baker Hughes data from December 28th, 2012, the U.S rig count for this week is 1,763 rigs exploring for or developing oil or natural gas. This number represents a decrease of 11 rigs from last week. Compared to last year the 1,763 count is a decrease of 244 rigs. Canadian rigs decreased by 180 to 204 rigs this week, a decrease of 17 rigs from a year ago. International rigs increased by 8 to 1,267 rigs last month, an increase of 82 rigs from a year ago.
