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ENERGY: US Oil and Gas Rigs Up 4 on Week at 592: Baker Hughes

ENERGY

The US total oil and gas rig count was up 4 rigs on the week at 592 rigs, according to Baker Hughes, the highest level since June. 7

  • This puts total US oil and gas rigs down 37 rigs, or 5.9% on the year.
  • See breakdown by type and week on week change:
  • Oil: 488 (7) - down 18 rigs, or 3.6% on the year.
  • Gas: 99 (-1) - down 20 rigs, or 16.8% on the year.
  • Miscellaneous: 5 (-1) - up 1 rig on the year.
  • Canada: 244 (-1) - up 13 rigs, or 5.6% on the year.
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The US total oil and gas rig count was up 4 rigs on the week at 592 rigs, according to Baker Hughes, the highest level since June. 7

  • This puts total US oil and gas rigs down 37 rigs, or 5.9% on the year.
  • See breakdown by type and week on week change:
  • Oil: 488 (7) - down 18 rigs, or 3.6% on the year.
  • Gas: 99 (-1) - down 20 rigs, or 16.8% on the year.
  • Miscellaneous: 5 (-1) - up 1 rig on the year.
  • Canada: 244 (-1) - up 13 rigs, or 5.6% on the year.