The Baker Hughes North American rig count is up 3 rigs in the August 31 week to 1,276. The U.S. rig count is up 4 rigs from last week to 1,048 and is up 105 rigs from the same week a year ago. The Canadian count is down 1 rig from last week to 228 but compared to last year is up 27 rigs.
For the U.S. count, rigs classified as drilling for oil are up 2 at 862, gas rigs are up 2 at 184 and miscellaneous rigs remain unchanged at 2. For the Canadian count, oil rigs are down 2 at 151 and gas rigs are up 1 at 77.