The Baker Hughes North American rig count is up 5 rigs in the May 18 week to 1,129. The U.S. rig count is up 1 rig from last week to 1,046 and is up 145 rigs from last year at this time. The Canadian count is up 4 rigs from last week to 83 and is down 2 rigs compared to last year.
For the U.S. count, rigs classified as drilling for oil remain unchanged at 844, gas rigs are up 1 at 200, and miscellaneous rigs are unchanged at 2. For the Canadian count, rigs classified as drilling for oil are up 6 at 38 and gas rigs are down 2 at 45.