June 21, 2024 17:05 GMT
US Oil and Gas Rigs Down 2 on Week at 588: Baker Hughes
ENERGY
US total oil and gas rig count was down 2 on the week at 588 rigs, according to Baker Hughes, remaining at lows not seen since Jan 2022.
- This puts total oil and gas rigs down by 97 rigs, or 11.4%, on the year.
- See breakdown by type and week on week change:
- Oil: 485 (-3) -down 61 rigs, or 11.2% on the year
- Gas: 98 (=) – down 32 rigs, or 24.6% on the year
- Miscellaneous: 5 (+1) – Down 1 on the year
- Canada: 166 (+6) –Down 3 rigs on the year
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