Oil, Gas Rigs Still Near 3-Year Low Despite Weekly Bump

Oil, Gas Rigs Still Near 3-Year Low Despite Weekly Bump

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday.

US Drillers Cut Oil and Gas Rigs for Third 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 third 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 one to 539 in the week ...

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

The oil and gas rig count fell by one to 539 in the week to August 8. Baker Hughes said oil rigs rose by one to 411 this week, while gas rigs fell by one to 123, and miscellaneous rigs fell by one to five.

U.S. rig count decreased by 1 is at 539 – Oil & Gas 360

This week’s Baker Hughes Rig Count shows that the U.S. decreased by 1 over last week, resulting in a total count of 539 rigs. Canada had an increase of 3 over last week, resulting in a total Canadian count of 180 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Cana Woodford, Granite Wash, and the Haynesville regions experienced an increase this week. Meanwhile, 2 regions experienced a decrease this week: The Eagle Ford is a