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

Friday, January 8, 2010

Baker Hughes N.A. Rotary Rig Count 8-Jan-10

North American land-based active rigs.
U.S. Rig Count is up 31 from last week at 1220; down 369 year over year.
Canadian Rig Count is up 133 from last week at 342; down 18 year over year.
The US Offshore rig count is 42, up 3 from last week; down 28 year over year.
Source: Baker Hughes, Inc.