The total counts of rotary drilling rigs operating in the US and Canada moved in opposite directions this week, Baker Hughes reported Friday. The total counts of rotary drilling rigs operating in the United States and Canada moved in opposite directions this week, Baker Hughes Co. (NYSE: BKR) reported Friday. The U.S. added eight rigs to end the week at 346. The latest U.S. figure reflects a five-unit increase in oil rigs (to 263), a two-unit increase in gas rigs (to 81) and a one-unit increase in the number of miscellaneous rigs (to two), Baker Hughes stated. Compared to the corresponding period in 2019, the U.S. rig count is down 467 rigs, the service company continued. It noted that 422 more oil and 44 more gas rigs were running in the U.S. a year ago. Also, the firm pointed out that three miscellaneous rigs were operating as well. The […]