February 16, 2024 18:10 GMT
US Oil and Gas Rig Count Falls by 2 to 621: Baker Hughes
OIL
US oil and gas rig count total fell by 2 to 612, according to Baker Hughes data Feb. 16. Reversing some of last week’s rise.
- The total rig count is down by 139 rigs, or 18.3% on the same period in 2023.
- Breakdown of the total below with w/w change in brackets.
- US Oil rig count: 497 (-2)
- US gas rig count: 121 (0)
- Miscellaneous: 3 (0)
- US land rig count: 602 (0)
- US offshore rig count: 19 (-2)
- Canadian rig count: 234 (+2)
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