North American drill rig count falls
BHI, HAL, SLB, OIH
Baker Hughes Incorporated ( BHI ) has announced that despite the rise in Crude Oil prices, its count on rigs fell in the last week.
The services firm reported that the North American rig count totaled 2,233, down from 2,262 the week before and down from 2,354 in the same period a year ago. The drop reflected a decline of 33 oil rigs and 2 Nat Gas rigs in Canada, while US Oil rigs increased by 13 and US Nat Gas rigs decreased by 7.
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