The Baker Hughes North American rig count is down 14 rigs in the December 7 week to 1,261. The U.S. rig count is down 1 rig from last week to 1,075 but is up 144 rigs from last year at this time. The Canadian count is down 13 rigs from last week to 186 and compared to last year is down 33 rigs.
For the U.S. count, rigs classified as drilling for oil are down 10 at 877 but gas rigs are up 9 at 198. For the Canadian count, oil rigs are down 17 at 102 but gas rigs are up 4 at 84.