The US drilling rig count dropped 35 units to settle at 1,840 units working during the week ended Dec. 26, pushed down entirely by losses on land, Baker Hughes Inc. reported. During the week, US land rigs fell 35 units to 1,770. Offshore rigs held steady at 58 units. Rigs drilling in inland waters also held steady at 12 units last week. Oil rigs lost 37 units to 1,499. Gas rigs gained 2 units to 340. Rigs considered unclassified remained at 1 unit working. Horizontal drilling rigs declined 6 units to 1,350. Directional drilling rigs dropped 14 units to 181. Canada now has 256 rigs working, 7 fewer than this week a year ago. Of the 135 units lost this past week, 96 were oil rigs and 39 were gas rigs, which respectively total 94 and 162. Major states, basins California took a 17-rig hit […]