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Northbridge Industrial Services Plc

U.S. offshore rig count climbs to 21 units

The number of offshore rigs in the U.S. climbed up by one unit over the last week, according to a Friday report by Baker Hughes.

Baker Hughes Rig Count: U.S. -2 to 794 rigs

U.S. Rig Count is down 2 rigs from last week to 794, with oil rigs up 3 to 676, gas rigs down 5 to 115, and miscellaneous rigs unchanged at 3.

U.S. Rig Count is down 265 rigs from last year’s count of 1,059, with oil rigs down 186, gas rigs down 82, and miscellaneous rigs up 3 to 3.

Northbridge Industrial Services plc (LON:NBI) hires and sells specialist industrial equipment to a non-cyclical customer base. With offices or agents in the UK, US, Dubai, Belgium, Germany, France, Australia, Singapore, New Zealand, Brazil and Korea, Northbridge has a global customer base.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.