Free Trial

ENERGY: US Oil and Gas Rigs Up 8 on Week at 590: Baker Hughes

ENERGY

US total oil and gas rig count was up 8 on the week at 590 rigs, according to Baker Hughes, the highest since June 14.

  • This puts total US oil and gas rigs down by 51 rigs, or 8.0%, on the year.
  • See breakdown by type and week on week change:
  • Oil: 488 (+5) -down 27 rigs, or 5.2% on the year.
  • Gas: 97 (+3) – down 24 rigs, or 19.8% on the year
  • Miscellaneous: (=) – unchanged on year
  • Canada: 218 (-2) – up 28 on the year

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.