US EditionBasin rig count down three as prices climb
- The rig count in the Permian Basin decreased by three this week, totaling 297 active rigs, according to Baker Hughes.
- The total number of active drilling rigs in the U.S. Fell by one this week to 592, down from 621 rigs last year, according to Baker Hughes.
- Weekly U.S. Crude oil production remained steady at 13.574 million barrels per day, almost reaching the all-time high of 13.631 million barrels per day, as per the latest EIA data.
- Oil prices rose slightly, with the regional benchmark closing at $65.84 per barrel and the national benchmark at $69.36 per barrel, marking a $1.08 increase from last week.
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Oil Rig Count Lags As WTI Falls Below $70
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, following a 1 rig gain in the prior week. The total rig count in the US fell by 1 to 592 rigs, according to Baker Hughes, down 29 from this same time last year. The number of oil rigs slipped by 2 to 484—down by 22 compared to this time last year. The number of gas rigs rose by 1 this week to …
U.S. rig count decreased by 1 is at 592 – 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 592 rigs. Canada had a decrease of 17 over last week, resulting in a total Canadian count of 163 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Granite Wash, Haynesville, and Utica regions experienced an increase this week. Meanwhile, 2 regions experienced a decrease this week: The Marcellus is at 23, down 1.
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