February 28, 2025 18:10 GMT
ENERGY: US Oil and Gas Rigs Up 1 on Week at 593: Baker Hughes
ENERGY
The US total oil and gas rig count was up 1 rig on the week at 593 rigs, according to Baker Hughes, the highest since June 7.
- This puts total US oil and gas rigs down 29, or 4.7% on the year.
- See breakdown by type and week on week change:
- Oil: 486 (-2) - down 18 rigs, or 3.6% on the year.
- Gas: 102 (3) - down 13 rigs, or 11.3% on the year.
- Miscellaneous: 5 (0) - up 2 rigs on the year.
- Canada: 248 (4) - up 23 rigs, or 10.2% on the year.
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