May 03, 2024 17:06 GMT
US Oil and Gas Rigs Down 8 on Week to 605: Baker Hughes
ENERGY
US total oil and gas rig count Fell by 8 on the week to 605 rigs, according to Baker Hughes, the lowest since Jan. 2022.
- This puts total oil and gas rigs down by 143 rigs, or 19.1%, on the year.
- See breakdown by type and week on week change:
- Oil: 499 (-7) -down by 89, or 15.1% on the year
- Gas: 102 (-3) – down 55, or 35% on the year
- Miscellaneous: 4 (+2) – up 1 on the year
- Canada: 120 (+2) –up 27 on the year
89 words