May 17, 2024 17:06 GMT
US Oil and Gas Rigs Up 1 on Week to 604: Baker Hughes
ENERGY
US total oil and gas rig count rose by 1 on the week to 604 rigs, according to Baker Hughes, ending the previous three consecutive weeks of decline.
- This puts total oil and gas rigs down by 116 rigs, or 16.1%, on the year.
- See breakdown by type and week on week change:
- Oil: 497 (+1) -down 78 rigs, or 13.6% on the year
- Gas: 103 (=) – down 38 rigs, or 27% on the year
- Miscellaneous: 4 (=) – stable on the year
- Canada: 114 (-2) –up 29 rigs on the year
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