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US Oil and Gas Rigs Rise by 2 on Week to 619: Baker Hughes

OIL

US total oil and gas rig count rose by 2 on the week to 619 rigs, according to Baker Hughes, the first weekly rise since March 15.

  • This puts total oil and gas rigs down by 134 rigs, or 17.8%, on the year.
  • See breakdown by type and week on week change:
  • Oil: 511 (+5) -down by 80, or 13.5%on the year
  • Gas: 106 (-3) – down 53, or 33.3%, on the year
  • Miscellaneous: 2 (-) – down 1 on the year
  • Canada: 127 (-14) –up 22 on the year
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US total oil and gas rig count rose by 2 on the week to 619 rigs, according to Baker Hughes, the first weekly rise since March 15.

  • This puts total oil and gas rigs down by 134 rigs, or 17.8%, on the year.
  • See breakdown by type and week on week change:
  • Oil: 511 (+5) -down by 80, or 13.5%on the year
  • Gas: 106 (-3) – down 53, or 33.3%, on the year
  • Miscellaneous: 2 (-) – down 1 on the year
  • Canada: 127 (-14) –up 22 on the year