According to Baker Hughes, a GE company, the number of offshore rigs in the US reached 958, meaning 5 less than last week. In comparison to the same period last year, Baker Hughes reports that the number of offshore rigs is down by 96 rigs.
More specifically, in the US oil rigs fell by 4 reaching 784, with gas rigs also by 2. On the other hand, miscellaneous rigs increased by 1, reaching 2.
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Compared to last year, the number of US rigs is down by 96 rigs, with oil rigs reducing by 79, gas rigs by 17, and miscellaneous rigs remaining stable at 2.
Canada reported a total of 117 rigs, being 3 rigs down since last week. Compared to last year, the Canadian offshore rigs reduced by 80.
Worldwide, the are 1138 rigs. Since last month, this number has increased by 12, while significant increase has been reported since last year, with the rigs increasing by 179.