May 31, 2024 17:05 GMT
US Oil and Gas Rigs Unchanged on Week at 600: Baker Hughes
ENERGY
US total oil and gas rig count was unchanged on the week at 600 rigs, according to Baker Hughes, remaining at lows not seen since Jan 2022.
- This puts total oil and gas rigs down by 96 rigs, or 13.8%, on the year.
- See breakdown by type and week on week change:
- Oil: 496 (-1) -down 59 rigs, or 10.6% on the year
- Gas: 100 (+1) – down 37 rigs, or 27% on the year
- Miscellaneous: 4 (=) – stable on the year
- Canada: 128 (+8) –up 31 rigs on the year
92 words