Activer Rig Count - Feb 27

[dan_s]

Baker Hughes reports that the North American active rig count is down another 73 rigs this week.

U.S. Land rigs down 42 to 1,208. I believe the onshore rig count will drop below 1,000 by the end of April (maybe sooner).

Rigs drilling for oil now at 986, compared to 1,430 a year ago.