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03 Jul
20:32

US rigs fall by 2, Canada up 5

The US rig count continued downward while the Canadian rig count saw an upward tick for the week ending 26 June, Kallanish learns from energy services company Baker Hughes. The US rig count fell by 2 net rigs to 263 from the previous week, down 700 from the same period last year. The Canadian rig count rose by 5 net rigs. However, it is still down 102 from last year. In the US, rigs geared for oil production fell by 3, whilst rigs geared for natural gas productio…
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