The US drilling rig count lost 9 units to settle at 1,922 rigs working during the week ended Oct. 3, Baker Hughes Inc. reported. Land rigs represented a majority of the loss, dropping 8 units to 1,850 overall. Offshore rigs edged down 1 unit to 61. Rigs drilling in inland waters were unchanged from a week ago at 11. Gas rigs also lost 8 units, settling at 330. Oil rigs edged down a unit to 1,591. Horizontal drilling rigs dropped 6 units to 1,341 while directional drilling rigs dropped 2 units to 209. Canada’s rig count moved in the opposite direction compared with its southern neighbor, nudging its overall count up 1 unit to 430. A 3-unit gain in oil rigs to 249 was reduced by a 2-unit decline in gas rigs to 181. Canada currently has 69 more rigs working compared with this week […]