The Baker Hughes North American rig count is up 4 rigs in the August 24 week to 1,273, as a sizable decline in the U.S. was more than offset by a larger increase in Canada. The U.S. rig count is down 13 rigs from last week to 1,044 and is up 104 rigs from last year at this time. The Canadian count is up 17 rigs from last week to 229 and compared to last year is up 12 rigs.
For the U.S. count, rigs classified as drilling for oil are down 9 at 860, gas rigs are down 4 at 182 and miscellaneous rigs remain unchanged at 2. For the Canadian count, oil rigs are up 12 at 153 and gas rigs are up 5 at 76.