By OAG 360 Staff

Baker Hughes has released its weekly rig count, and things stayed basically flat with a net addition of one offshore rig in the U.S. Gulf of Mexico.  Canada’s operating rig count grew by seven this week.

Source: Baker Hughes

The U.S. count is down by 76 rigs compared to this week in 2018. Canada is down 14 year over year.

Texas lost one rig but still leads the U.S. oil and gas industry with a 480 total rig count for the week. New Mexico came in with the largest weekly addition—two rigs, which take its total to 101.

The U.S. has 800 rigs drilling for oil and 184 for natural gas.

By basin, the Permian leads with 452 rigs, followed by the Eagle Ford with 75, the Marcellus with 61, the Williston with 57, t...

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