US Oil, Gas Drillers Pause Amid Oil Price Drop

U.S. rig count flat after four straight weekly gains in Baker Hughes survey (USO:NYSEARCA)

The number of oil and gas drilling rigs in the US remained steady at 549, Baker Hughes reported, after the count had increased for the previous four weeks for the first time since February.

US Oil, Gas Drillers Pause Amid Oil Price Drop

The total number of active drilling rigs for oil and gas in the United States stayed the same this week, according to new data that Baker Hughes published on Friday. The total rig count in the US stayed the same at 549 according to Baker Hughes, down 36 from this same time last year. The number of active oil rigs fell in the week, according to the data, to 422. Year over year, this represents a 57-rig decline. The number of gas rigs rose by 1 to…

US Drillers Report Oil and Gas Rigs Unchanged For the Week at 549, Says Baker Hughes - Energy News, Top Headlines, Commentaries, Features & Events

(Reuters) – U.S. energy firms this week kept the number of oil and natural gas rigs virtually unchanged, energy services firm Baker Hughes said in its closely followed report on Friday. The rig count including a miscellaneous category, an early indicator of future output, was steady at 549 in the week to October 3. Baker ...

U.S. rig count had no change is at 549 – Oil & Gas 360

This week’s Baker Hughes Rig Count shows that the U.S. had no change, resulting in a total count of 549 rigs. Canada had no change over last week, resulting in a total Canadian count of 190 rigs. Breakdown by region Of the regions tracked by Baker Hughes, only the Cana Woodford region experienced an increase this week. Meanwhile, 2 regions experienced a decrease this week: The Marcellus region is down 1, at 23. The Permian region is down 2, at 2

United States Baker Hughes US Oil Rig Count fell from previous 424 to 422

United States Baker Hughes US Oil Rig Count fell from previous 424 to 422