Amid modest declines in both oil- and natural gas-directed drilling, the U.S. rig count fell three units to 768 for the week ended Friday (Oct. 28), according to the latest tally from oilfield services provider Baker Hughes Co. (BKR).


Changes in the United States for the week included a two-rig decrease in oil drilling, with natural gas drilling down one. Land drilling declined by one, with one rig exiting the Gulf of Mexico and another rig exiting from inland waters. A five-rig decrease in horizontal rigs domestically was partially offset by a two-rig increase in directional drilling.

The combined 768 active U.S. rigs as of Friday compares with 544 rigs running in the year-earlier period, according to the BKR numbers, which are partly based on data from Enverus.

The Canadian...