The Baker Hughes North American rig count is down 2 rigs in the July 7 week to 1,127, the first decline in the count in 10 weeks that features a drop in Canadian rigs more than offsetting an increase in the U.S., as lower oil prices may be breaching breakeven levels for some Canadian drillers. The U.S. rig count is up 12 to 952 and is up 512 rigs from last year in this period. The Canadian count is down 14 rigs to 175 and is up 94 rigs from last year. For the U.S. count, rigs classified as drilling for oil are up 7 to 763 while gas rigs are up 5 to 189. For the Canadian count, oil rigs are down 7 to 105 and gas rigs are down 7 to 70.