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    Rig count creeps higher in US, holds steady in Canada

    Written by Laura Miller


    The US rig count crept higher for a fourth week, while Canada’s count held steady for a second, according to the latest data from Baker Hughes.

    In the week ending May 15, the number of rotary rigs operating in the US rose by three to 551 as the US gained five oil rigs but lost one gas and one miscellaneous rig. There were 415 oil rigs in operation vs. 473 at this time last year, 128 gas rigs compared to 100 last year, and eight miscellaneous rigs vs. three last year.

    Laura Miller

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