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    Environment and Energy

    Rig Count Down in US, Inches up in Canada

    Written by Becca Moczygemba


    Rig counts dropped in the US for the second straight week and inched up by one rig in Canada vs. the previous week, according to the latest data from oilfield services company Baker Hughes.

    The total US rig count was 731 for the week ended May 12, down 17 from last week. The number of active oil rigs in the US fell by two to 586 in the same comparison. Gas rigs were down by 16, finishing the week at 141, while miscellaneous rigs were up one to four. When compared to this time last year, the US count is up by 17 rigs, with oil rigs up 23, gas rigs down eight, and miscellaneous rigs up two, respectively.

    Becca Moczygemba

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