The US drilling rig count is down 14 units to 1,045 rigs working for the week ended Feb. 1, according to Baker Hughes data. The count is up 99 units from the 946 rigs working this time a year ago. A total of 1,025 units were drilling on land, 13 fewer than last week. With one fewer unit drilling, offshore rigs stood at 19 for the week. Unchanged week over week, a single unit remained drilling in inland waters.

Source: News