The Baker Hughes North American rig count is up 24 rigs in the October 12 week to 1,258. The U.S. rig count is up 11 rigs to 1,063 and is up 135 rigs from last year at this time. The Canadian count is up 13 rigs from last week to 195 but, compared to last year, is down 17 rigs.
For the U.S. count, rigs classified as drilling for oil are up 8 at 869, gas rigs are up 4 at 193 and miscellaneous rigs are down 1 at 1. For the Canadian count, oil rigs are up 8 at 127 and gas rigs are up 5 at 68.