Baker Hughes has reported that for the week ending June 24, the US rotary rig count decreased by three to 421 following a 10-rig increase the week before. The number of rigs drilling for gas increased by four to 90, while the number of rigs drilling for oil decreased by seven to 330. The overall rig count is still down by 438 rigs, year-on-year.
Meanwhile, the Canadian rig count increased by seven in the week ending June 24 to 76, following a four-rig increase the week before. The Canadian rig count is still down by 59 from the same week a year ago.