October 11, 2024 17:09 GMT
ENERGY: US Oil and Gas Rigs Up 1 on Week at 586: Baker Hughes
ENERGY
US total oil and gas rig count was up 1 on the week at 586 rigs, according to Baker Hughes, the first weekly rise since the week ending Sep. 13.
- This puts total US oil and gas rigs down by 36 rigs, or 5.8%, on the year.
- See breakdown by type and week on week change:
- Oil: 481 (+2) -down 20 rigs, or 4.0% on the year.
- Gas: 101 (-1) – down 16 rigs, or 13.7% on the year
- Miscellaneous: 4 (=) – unchanged on year
- Canada: 219 (-4) – up 26 rigs on the year
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