Rig Count Stabilizes Amid Oil Price Recovery

Rig Count Stabilizes Amid Oil Price Recovery

The total number of active drilling rigs for oil and gas in the United States rose this week following the recent price slide, according to new data that Baker Hughes published on Thursday, following a large 7-rig dip in the prior week. The total rig count in the US rose by 2 to 585 rigs, according to Baker Hughes, down 34 from this same time last year. The number of oil rigs rose by 1 to 481—down by 30 compared to this time last year. The numbe…

Rig count stabilizes amid oil price recovery

The total number of active drilling rigs for oil and gas in the United States rose this week following the recent price slide, according to new data that Baker Hughes following a large 7-rig dip in the prior week.

United States drillers embody oil and fuel gears for very first time in 4 weeks, Baker Hughes claims

U.S. energy firms this week added oil and natural gas rigs for the first time in four weeks, energy services firm Baker Hughes said in its closely followed report on Thursday. Baker Hughes released the rig count report one day early on Thursday due to the Good Friday holiday. Despite this week's rig increase, Baker Hughes said the total count was still down 34 rigs, or 5% below this time last year.

Baker Hughes: US oil rig count up by 1 to 481

The number of oil rigs in the United States reached 481 in the week ending April 17, rising by one from the previous week, according to the Baker Hughes weekly rig count released on Thursday. The rig ...

Baker Hughes oil rig count +1 to 481

The weekly Baker Hughes oil rig count data is a day early due to the Good Friday holiday