US drillers cut oil and gas rigs to lowest since December 2021, Baker Hughes says
- The total number of active drilling rigs in the United States fell by four to 580, according to Baker Hughes.
- The number of oil rigs decreased by two to 478, while gas rigs also dropped by two to 98, as reported by Baker Hughes.
- The rig count in the Permian Basin remained unchanged at 304 rigs, which is three fewer than last year.
- The weekly U.S. Crude oil production dipped to 13.481 million bpd, nearing the all-time high of 13.631 million bpd, according to the latest EIA data.
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Leaning Left0Leaning Right2Center1Last UpdatedBias Distribution67% Right
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- 67% of the sources lean Right
67% Right
C 33%
R 67%
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