May 24, 2024 17:06 GMT
US Oil and Gas Rigs Down 4 on Week to 600: Baker Hughes
ENERGY
US total oil and gas rig count fell by 4 on the week to 600 rigs, according to Baker Hughes, the lowest since Jan 2022.
- This puts total oil and gas rigs down by 111 rigs, or 15.6%, on the year.
- See breakdown by type and week on week change:
- Oil: 497 (=) -down 73 rigs, or 12.8% on the year
- Gas: 99 (-4) – down 38 rigs, or 27.7% on the year
- Miscellaneous: 4 (=) – stable on the year
- Canada: 120 (+6) –up 33 rigs on the year
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