US Oil Drillers Slow Activity In Tough Price Environment

US Oil Drillers Slow Activity In Tough Price Environment

The total number of active drilling rigs for oil and gas in the United States fell by 6 this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US  to 542 this week, down 47 from this same time last year. The number of active oil rigs fell by 8 in the reporting period, according to the data, after US drillers added 1 rig in the week prior. Oil rigs are now at 406, which is 77 below this same ti…

US Drillers Cut 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 cut the number of oil and natural gas rigs operating for a second week in a row for the first time since August, 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, ...

U.S. rig count decreased by 6 is at 542

This week’s Baker Hughes Rig Count shows that the U.S. decreased by 6 last week, resulting in a total count of 542 rigs. Canada had a decrease of 7 over last week, resulting in a total Canadian count of 185 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Granite Wash region experienced an increase this week. Meanwhile, 4 regions experienced a decrease this week: The Barnett is down 1, at 1. The DJ-Niobrara is down 1, at 7.

United States Baker Hughes US Oil Rig Count down to 406 from previous 414

United States Baker Hughes US Oil Rig Count down to 406 from previous 414