US oil and gas rig count hits lowest level since December 2021
The US oil and gas rig count, a precursor to future production levels, has fallen to its lowest point since December 2021. According to Baker Hughes, the rig count decreased by four to 576 in the week ending 24 January. This week's reduction brings the total rig count down by 45, or 7%, from the same period last year.
US oil and gas rig count falls to lowest since Dec 2021, Baker Hughes says
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row to the lowest since December 2021, energy services firm Baker Hughes said in its closely followed report on Friday.
Baker Hughes reports U.S. rig count down 4 to 576 rigs
Baker Hughes (BKR) reports that the U.S. rig count is down 4 from last week to 576 with oil rigs down 6 to 472, gas rigs up 1 to 99 and
U.S. energy firms cut oil and gas rigs to December 2021 low
U.S. energy companies have reduced the number of operating oil and natural gas rigs for the third consecutive week, reaching the lowest level since December 2021, according to a report released by energy services firm Baker Hughes (NASDAQ:BKR) on Friday.
US drillers cut oil and gas rigs to lowest since Dec 2021, Baker Hughes says
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row to the lowest since December 2021, energy services firm Baker Hughes said in its closely followed report on Friday.
US Rig Count Falls in Strong Week for Oil
The US rig count continues to fall, with the number of oil and gas rigs deployed declining amid rising oil prices
Rigzone58m
North America Keeps Adding Rigs
The total North America rig count stands at 821, according to Baker Hughes' latest North America rotary rig count.
Basin rig count down six as prices drop
The rig count in the Permian Basin was down six this week, the latest count Friday by Baker Hughes shows, with 298 rigs active in the region. A year ago, 310 rigs were active in the region. Nationally ...
Hosted on MSN4d
Are EOG & MTDR Must-Watch Stocks Despite Fall in Rig Count?
In its last weekly release, Baker Hughes Company BKR stated that the U.S. rig count was lower than the prior week’s figure.
Crude Oil Prices2d
U.S. Oil Drilling Rig Count Falls As Uncertainty Mounts
The number of active U.S. oil and gas drilling rigs fell for the second consecutive week, amidst a decline in US crude oil ...
Anadolu Ajansi2d
US oil rig count down by 6 for week ending Jan. 24
The oil rig count in the US decreased by 26 this week, oilfield services company Baker Hughes data showed Friday. The number ...
Oil2d
Canada rig count posts another double-digit increase
The rig count in Canada ended the week with an additional 16 rigs running. For the week ended Jan. 24, the rig count in Canada stood at 245 units, 15 more than were working this t ...
Crude Oil Prices5d
Oil Majors Borrow Billions for Buybacks as Production Wanes
Despite deregulation efforts and calls for increased production, U.S. oil drilling activity has fallen to near post-pandemic ...