The Baker Hughes North American rig count is up 6 rigs in the May 11 week to 1,124, as a sizable U.S. increase was partly offset by the continuing seasonal "spring thaw" decline in the Canadian count. The U.S. rig count is up 13 rigs from last week 1,045 and is up 160 rigs from last year at this time. The Canadian count is down 7 rigs from last week to 79 and is down 1 rig compared to last year.
For the U.S. count, rigs classified as drilling for oil are up 10 at 844, gas rigs are up 3 at 199, and miscellaneous rigs remain unchanged at 2. For the Canadian count, rigs classified as drilling for oil are down 5 at 32 and gas rigs are down 2 at 47.