8 December 2017
Baker Hughes reports U.S. rig count up 2 to 931 rigs Baker Hughes reports that the U.S. rig count is up 2 rigs from last week to 931, with oil rigs up 2 to 751, gas rigs unchanged at 180, and miscellaneous rigs unchanged. The U.S. Rig Count is up 307 rigs from last year's count of 624, with oil rigs up 253, gas rigs up 55, and miscellaneous rigs down 1 to 1. The U.S. Offshore Rig Count is unchanged from last week at 20 and down 2 rigs year-over-year. The Canada Rig Count is down 3 rigs from last week to 219, with oil rigs up 1 to 112 and gas rigs down 4 to 107. The Canada Rig Count is down 11 rigs from last year's count of 230, with oil rigs down 5, gas rigs down 5, and miscellaneous rigs down 1 to 1.
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Related stocks: Keppel Corp, Sembcorp Marine & Cosco
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