March 01, 2024 18:07 GMT
US Oil and Gas Rig Count Up 3 to 629: Baker Hughes
OIL
US oil and gas rig count rose by 3 to 629 rigs according to Baker Hughes March 1.
- This puts oil and gas rigs at their highest level since the week ending Sep. 22. However, the US oil and gas rig count is down by 120 compared to the same period in 2023, equivalent to a 16% decline year-on-year.
- Oil Rigs: 506 (+3)
- Gas Rigs: 119 (-1)
- Miscellaneous: 4 (+1)
- Canadian Rigs: 231 (=)
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