Oil Rig Count Incher Higher Amid Oil Price Rally

Oil Rig Count Incher Higher Amid Oil Price Rally

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday. The total rig count in the US rose this week to 550, according to Baker Hughes, down 35 from this same time last year. The number of active oil rose by 2 in the reporting period, according to the data, reaching 420. Year over year, this represents a 60-rig decline. The number of gas rigs staye…

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

(Reuters) – U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since September, 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, rose by two to ...

U.S. rig count increased by 2 is at 550

This week’s Baker Hughes Rig Count shows that the U.S. increased by 12 last week, resulting in a total count of 550 rigs. Canada had an increase of 1 over last week, resulting in a total Canadian count of 199 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Cana Woodford region experienced an increase this week. Meanwhile, 2 regions experienced a decrease this week: The Eagle Ford region is down 1, at 43. The Permian region

US DRILLERS ADD OIL AND NATGAS RIGS FOR SECOND WEEK IN A ROW – BAKER HUGHES

US DRILLERS ADD OIL AND NATGAS RIGS FOR SECOND WEEK IN A ROW – BAKER HUGHES (The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.) The post US DRILLERS ADD OIL AND NATGAS RIGS FOR SECOND WEEK IN A ROW – BAKER HUGHES appeared first on The Sunday Guardian.

United States Baker Hughes US Oil Rig Count came in at 420, above forecasts (416)

United States Baker Hughes US Oil Rig Count came in at 420, above forecasts (416)