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Rig Count: Canada Sees Two Rig Gain; U.S., International Rigs Fall by Six, 49
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According to Baker Hughes' May 15, 2015 rig count report, while rig totals continued to decrease across U.S. and International markets, Canada posted a gain in rigs this week.
The U.S. rig count fell by six this week which brings the total year-over-year (YOY) rig count drop to 973. The current active rig count in the U.S. is 888.
Canada reported a gain of two rigs this week. The country's rig count has fallen by 76 rigs YOY with 77 rigs currently active.
On the International front, rig counts decreased by 49. (-147 YOY) to 1,202.
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