US Oil Drilling Activity Continues to Slow

US Oil Drilling Activity Continues to Slow

The total number of active drilling rigs for oil and gas in the United States fell again this week, according to new data that Baker Hughes published on Friday. The total rig count in the US slipped to 536, according to Baker Hughes, down 47 from this same time last year. The rig count is still near four-year lows. The number of oil rigs rose by 1, landing at 412. Year over year, this represents a 71-rig decline. The number of gas rigs fell by 3…

US Drillers Cut Oil and Gas Rigs for Second Week in a Row, Baker Hughes Says - Energy News, Top Headlines, Commentaries, Features & Events

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row, energy services firm Baker Hughes said in its closely followed report on Friday.   The oil and gas rig count, an early indicator of future output, fell by two to 536 in the ...

US Drillers Cut Oil, Gas Rigs for Second Week in a Row

The oil and gas rig count fell by two to 536 in the week to Aug. 29, the lowest since August 2021.

U.S. rig count decreased by 2 is at 536 – Oil & Gas 360

This week’s Baker Hughes Rig Count shows that the U.S. decreased by 2 last week, resulting in a total count of 536 rigs. Canada had a decrease of 5 over last week, resulting in a total Canadian count of 175 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Arkoma Woodford and the Cana Woodford regions experienced an increase this week. Meanwhile, 3 regions experienced a decrease this week: The Granite Wash is at 14, down 1. T

United States Baker Hughes US Oil Rig Count came in at 412, above expectations (408)

United States Baker Hughes US Oil Rig Count came in at 412, above expectations (408)