The Baker Hughes North American rig count is down 11 in the February 17 week to 1,082. The U.S. rig count is up 10 to 751 and is up 237 rigs from last year. The Canadian count is down 21 from last week to 331, and compared to last year is up 125.
For the U.S. count, rigs classified as drilling for oil are up 6 to 597, gas rigs are up 4 to 153 and miscellaneous rigs are unchanged at 1. Canadian oil rigs are down 13 to 194, and gas rigs are down 8 to 137.