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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.
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Free AccessUS Oil and Gas Rigs Down 1 on Week at 584: Baker Hughes
US total oil and gas rig count was down 1 on the week at 584 rigs, according to Baker Hughes, remaining at lows not seen since December 2021.
- This puts total US oil and gas rigs down by 91 rigs, or 13.5%, on the year.
- See breakdown by type and week on week change:
- Oil: 478 (-1) -down 59 rigs, or 11% on the year. One rig was gained in Louisiana, while two were lost in Texas. All other states were unchanged.
- Gas: 101 (-1) – down 33 rigs, or 24.8% on the year
- Miscellaneous: 6 (+1) – Up 1 on year
- Canada: 189 (+14) –Up 2 rigs on the year
To read the full story
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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.