Baker Hughes has reported that for the week ending June 8, the US rotary rig count increased by two to 1,062 rigs following a one-rig increase the week before. The number of rigs drilling for gas increased by one to 198 while the number of rigs drilling for oil increased by one to 862. The overall rig count is now up by 135 rigs in a year-on-year comparison.
Meanwhile, the Canadian rig count increased by 13 to 112 rigs in the week ending June 8, following an 18-rig decrease the week before. The Canadian rig count is now down by 20 rigs compared to the same week a year ago.