La Croix Energy Capital | Petroleum Derivative Trading

“Think like a fundamentalist; trade like a chartist.”
Dennis Gartman. Rule #8 - Gartman’s Simple Rules of Trading

Wednesday, December 23, 2009

Baker Hughes N.A. Rotary Rig Count 23-Dec-09

North American active land-based rigs.

US
Oil: 416 (+7 vs. prior week; +52 vs. prior year)
Gas: 751 (-22 vs. prior week; -596 vs. prior year)
Total*: 1,178 (-15 vs. prior week; -543 vs. prior year)
*Includes Misc rigs.

CA
Oil: 86 (-88 vs. prior week; -6 vs. prior year)
Gas: 182 (-12 vs. prior week; -5 vs. prior year)
Total: 268 (-100 vs. prior week; -11 vs. prior year)
Source: Baker Hughes, Inc.