Steel Products
March 4, 2013
U.S. Rig Count 232 Rigs Less than Last Year – Canada 26 Fewer
Written by John Packard
According to Baker Hughes data from March 1st, 2013, the U.S rig count for this week is 1,757 rigs exploring for or developing oil or natural gas. This number represents a decrease of 4 rigs from last week. Compared to last year the 1,757 count is a decrease of 232 rigs. Canadian rigs decreased by 7 to 655 rigs this week, a decrease of 26 rigs from a year ago. International rigs increased by 26 to 1,279 rigs last month, an increase of 108 rigs from a year ago.
