The Baker Hughes North American rig count is down 26 rigs in the March 9 week to 1,257. The U.S. rig count is up 3 rigs from last week to 984 and is up 216 rigs from last year at this time. The Canadian count is down 29 rigs from last week at 273 and is down 42 rigs compared to last year.
For the U.S. count, rigs classified as drilling for oil are down 4 at 796 but gas rigs are up 7 at 188. For the Canadian count, oil rigs are down 15 at 196 and gas rigs are down 14 at 77.