The Baker Hughes North American rig count is up 13 in the February 24 week to 1,095. The U.S. rig count is up 3 to 754 and is up 252 rigs from last year. The Canadian count is up 10 from last week to 341, and compared to last year is up 166.
For the U.S. count, rigs classified as drilling for oil are up 5 to 602, gas rigs are down 2 to 151 and miscellaneous rigs are unchanged at 1. Canadian oil rigs are up 12 to 206 but gas rigs are down 2 to 135.