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Saturday, November 3, 2018

US rig count - 1067

Highlights
The Baker Hughes North American rig count is down 3 rigs in the November 2 week to 1,265. The U.S. rig count is down 1 rig to 1,067 but is up 169 rigs from year at this time. The Canadian count is down 2 rigs from last week to 198 but, compared to last year, is up 6 rigs.

For the U.S. count, rigs classified as drilling for oil are down 1 at 874 and gas rigs remain unchanged at 193. For the Canadian count, oil rigs are down 3 at 121 and gas rigs are up 1 at 77. 

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Related stocks: Keppel Corp, Sembcorp Marine & Cosco

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