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US oil rigs -3 this week, Bakers Hughes said, leaving a total of 756. Canada oil rig count unchanged.

US Gas rigs added 4 rigs to 187 after they lost 3 rig last week. Canada added 1 gas rigs

The total North America rig count fell -3 after falling -13 last week. 

 BHI Rig Count 9 8

BHI Rig Count Basins 9 08

Since a six-year low of 316 in May 2016 drillers have added over 100%. Total oil and natural gas rig count ended 2016 at 658, down 6 percent from the 698 at the finish of 2015.

Baker Hughes North American Rig Summary

Source: Baker Hughes, TradersCommunity

From The TradersCommunity News Desk

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