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Rig Count Report: US Down 40 This Week; -843 YOY

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Rig Count Report: US Down 40 This Week; -843 YOY

U.S. rig counts plummeted by 40 this week as low commodity prices continue to put a damper on operations, according to the April 10, 2015 Baker Hughes rig count report.

This is a drop of 843 rigs year-over-year (YOY).

Canada reported the loss of only one rig this week, however the country's rig count has decreased by 113 YOY.

On the International front, rig counts decreased by 24 this week (-94 YOY).

Source: Baker Hughes Rig Count Report - April 10, 2015

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