Baker Hughes reports that US drillers added oil and gas rigs in the US for the second consecutive week.
Baker Hughes, a leading energy services company, said that U.S. firms added natural gas and oil rigs this week for the second consecutive week for the first since April. The number of oil and gas drilling rigs, a good indicator of future production, increased by two in the week ending September 12. Baker Hughes reported that oil rigs increased by two this week to 416, the highest level since July. Gas rigs remained at 118. Oil and gas rig counts declined by around 5% in 2020 and 20% in 2023, as lower U.S. gas and oil prices in the last couple of years led energy firms to place more emphasis on increasing shareholder returns and paying off debt than increasing production. The U.S.
Baker Hughes reports that US drillers have added oil and gas rigs to their fleet for the first time in 7 weeks.
Baker Hughes, a leading energy services company, said that the U.S. added oil and gas rigs this week for the first time since seven weeks. The number of oil and gas rigs, a good indicator of future production, increased by one in the week ending September 5. Baker Hughes reported that despite this week's increase in rig count, the total number was still 45 rigs or 7.7% below what it was at this time last year. Baker Hughes reported that oil rigs increased by two this week to 414, while gas-rigs decreased by one to just 118. Oil and gas rig counts declined by around 5% in 2020 and 20% in 2023, as lower U.S.
Baker Hughes reports that US drillers have cut their oil and gas rigs a second time in a week.
Baker Hughes, a leading energy services company, said that the U.S. firms have cut back on oil and gas rigs for the second consecutive week. The number of oil and gas drilling rigs, a good indicator of future production, dropped by two in the week ending August 29 to 536, the lowest level since August 2021. Baker Hughes reported that the total number of rigs is down 47 or 8.1% from the same time last year. Baker Hughes reported that oil rigs increased by one this week to 412, while gas-rigs decreased by three to 119. Oil and gas rig counts are expected to decline by 5% and 20% respectively in 2024, as the lower U.S.
Baker Hughes: US drillers have cut oil and gas rigs four times in the last five weeks.
Baker Hughes, a leading energy services company, said that the U.S. oil and gas companies have cut back on the number of rigs for the fourth consecutive week. The number of oil and gas drilling rigs, a leading indicator of future production, dropped by one in the week ending August 22 to 538, the lowest level since mid-July. Baker Hughes reported that the number of rigs has dropped by 47 this week. Below this time last Year. Baker Hughes reported that oil rigs dropped by one this week to 411, while gas-rigs remained at 122. The number of rigs in the largest oil and gas producing state of the country,, fell by two, to 240. This is the lowest level since September 2021.
Baker Hughes: US drillers have cut oil and gas rigs four times in the last five weeks.
Baker Hughes, a leading energy services company, said that the U.S. firms cut back on the number of natural gas and oil rigs for the fourth consecutive week in its widely read report. The number of oil and natural gas rigs, a good indicator of future production, dropped by one in the week ending August 22. This is the lowest level since mid-July. Baker Hughes reported that oil rigs dropped by one this week to 411, while gas-rigs remained at 122. Oil and gas rig counts declined by around 5% in 2020 and 20% in 2023, as lower U.S. gas and oil prices…
Baker Hughes reports that US drillers have cut their oil and gas rigs in the US for a third consecutive week.
Baker Hughes, a leading energy services company, said that the U.S. firms have cut back on oil and gas rigs for a third consecutive week. The number of oil and gas rigs, a good indicator of future production, dropped by one in the week ending August 8 to 539. Baker Hughes reported that oil rigs increased by one this week to 411, gas rigs decreased by one, to 123 and miscellaneous drilling rigs dropped by one, to five. The number of rigs in Texas, which is the largest oil and gas producing state, fell by two, to 243. This is the lowest level since October 2021. The number of rigs in the Permian Basin, located in West Texas and Eastern New Mexico, is down by three, to 256.
Baker Hughes reports that US drillers have cut their oil and gas rigs in the US for a third consecutive week.
Baker Hughes, a leading energy services company in the United States, said that U.S. firms have cut back on oil and gas rigs for a third consecutive week. The number of oil and natural gas rigs, a good indicator of future production, dropped by one in the week ending August 8th. Baker Hughes reported that oil rigs increased by one this week to 411, gas rigs decreased by one, to 123 and miscellaneous drilling rigs dropped by one, to five. Oil and gas rig counts declined by around 5% in 2020 and 20% in 2023, as lower U.S. gas and oil prices in the last…
Baker Hughes reports that US drillers have cut back on oil and gas rigs in the US for a second consecutive week.
Baker Hughes, a leading energy services company, said that the U.S. firms have cut back on oil and gas rigs for the second consecutive week. The number of oil and gas drilling rigs, a good indicator of future production, dropped by two in the week ending August 1. This is the lowest level since October 2021. Baker Hughes reported that the number of rigs is down 46, or 7.8% from this time last year. Baker Hughes reported that oil rigs dropped by five this week to 410, their lowest level since September 2021. Gas rigs, however, rose by two, to 124, the highest level since August 2023. Oil and gas rig counts are expected to decline by 5% and 20% respectively in 2024, as the lower U.S.
Baker Hughes reports that US drillers have cut oil and gas rigs 12 times in 13 weeks.
Baker Hughes, a leading energy services company, said that the U.S. oil and gas companies have cut back on the number of rigs for the 12th consecutive week. The number of oil and gas drilling rigs, a good indicator of future production, dropped by two in the week ending July 25. Baker Hughes reported that the number of rigs is down by 47, or 8 percent compared to this time last. Baker Hughes reported that oil rigs dropped by seven this week to 415, their lowest level since September 2021. Gas rigs, on the other hand, rose by five, to 122, reaching their highest level since August 2023. The combined rig number fell in July for the fifth consecutive month.
Baker Hughes reports that US drillers have added oil/gas rigs to their fleet for the first time in twelve weeks.
Baker Hughes, a leading energy services company, said that the U.S. added oil and gas rigs this week for the first time since 12 weeks. The number of oil and gas rigs, a good indicator of future production, increased by seven in the week ending July 18, its largest weekly increase since December. Baker Hughes reported that despite this week's increase in rigs the total count is still 42 rigs or 7% lower than this time last year. Baker Hughes reported that oil rigs dropped by two this week to 422 - their lowest level since September 2021 - while gas rigs increased by nine – the largest weekly increase since 2023 – to 117 — their highest since March 2024.
Baker Hughes reports that the US oil/gas rig counts fell for a fourth month, to a low of Oct 2021.
Baker Hughes, a leading energy services company, said that the U.S. has cut its number of operating oil and gas rigs for the fourth consecutive month to the lowest level since October 2021. The number of oil and gas drilling rigs, a good indicator of future production, dropped by seven in the week ending June 27. Baker Hughes reported that the number of rigs is down by 34 this week, or about 6% from this time last year. Baker Hughes reported that oil rigs dropped by six this week to 432, their lowest level since October 2021. Gas rigs also decreased by two, to 109.
Baker Hughes reports that US oil/gas rig counts have fallen for the 4th consecutive month, to a low of Oct 2021.
Baker Hughes, a leading energy services company, said that the U.S. has cut its number of operating oil and gas rigs for the fourth consecutive month to the lowest level since October 2021. The number of oil and gas drilling rigs, a good indicator of future production, dropped by seven in the week ending June 27. Baker Hughes reported that oil rigs dropped by six this week to 432, their lowest level since October 2021. Gas rigs also decreased by two, to 109. Drillers cut 16 oil-and-gas rigs in June, bringing the total down for the fourth consecutive month for the first since June 2024.
Baker Hughes reports that US drillers have cut their oil and gas rigs in the US for eight weeks running.
Baker Hughes, a leading energy services company, said that the U.S. firms have cut back on the number of natural gas and oil rigs for the eighth consecutive week for the first since September 2023. The number of oil and gas drilling rigs, a good indicator of future production, dropped by one in the week ending June 20 to 554. This is the lowest it has been since November 2020. Baker Hughes reported that the number of rigs is down by 34, or 5.8% from this time last year. Baker Hughes reported that oil rigs dropped by one this week to 438, the lowest level since October 2021. Gas rigs also fell by two, to 111, the lowest level since May 30.
US drillers reduce oil and gas rigs at lowest level since November 2021, according to Baker Hughes
Baker Hughes, an energy services company, said Friday that U.S. firms have cut back on the number of natural gas and oil rigs for the fourth consecutive week, making it the lowest count since November 2021. The number of oil and gas drilling rigs, a good indicator of future production, dropped by 10 in the week ending May 23. This was the first time in 2024 that drillers had reduced their number of rigs for four consecutive weeks. Baker Hughes reported that the number of rigs is down by 34 or 6% from last week. Baker Hughes reported that oil rigs dropped by eight this week to 465, the lowest level since November 2021. Gas rigs dropped by two, to 98.
Baker Hughes reports that the US oil and gas rig counts have fallen to their lowest level since January.
Baker Hughes, a leading energy services company, said that the U.S. oil and gas companies have reduced their number of operating oil and natural-gas rigs to its lowest level since January. The number of oil and gas rigs, a good indicator of future production, dropped by six in the week ending May 9 to 578. Baker Hughes reported that the total number of rigs is down 25 or 4% from this time last week. Baker Hughes reported that oil rigs dropped by five this week to 474, the lowest level since January. Gas rigs remained unchanged at 101. Oil and gas rig counts are expected to decline by 5% and 20% respectively in 2024, as the lower U.S.
Baker Hughes reports that US drillers have cut back on oil and gas drilling for the first time in 3 weeks.
Baker Hughes, a leading energy services company, said that the U.S. oil and gas companies have cut back on the number of rigs for the first time since three weeks. The number of oil and gas rigs, a good indicator of future production, dropped by three in the week ending May 2 to 584. Baker Hughes reported that the number of rigs is down by 21 this week, or 3% from this time last year. Baker Hughes reported that oil rigs dropped by four this week to 479, while gas-rigs increased by two to 101. Oil and gas rig counts are expected to decline by 5% and 20% respectively in 2024, as the lower U.S.
Baker Hughes reports that US drillers added oil and gas rigs in the US for a second consecutive week.
Baker Hughes, a leading energy services company, said that U.S. firms added oil and gas rigs this week for the second consecutive week for the first since February. The number of oil and gas drilling rigs, a good indicator of future production, increased by two in the week ending April 25. Baker Hughes reported that despite this week's increase in rigs, the total count is still 26 or 4% lower than this time last year. Baker Hughes reported that oil rigs grew by two this week to 483 while gas rigs grew by one to 98. Drillers reduced the number of operating rigs by five in April. This is the second consecutive month that the total has decreased.
Baker Hughes reports that US drillers have added oil and gas rigs to their fleet for the first time in 4 weeks.
Baker Hughes, a leading energy services company, said that the U.S. added oil and gas rigs this week for the first time since four weeks. The number of oil and gas rigs, a good indicator of future production, increased by two in the week ending April 17 to 585. Baker Hughes published the rig counts report one day earlier on Thursday, due to Good Friday. Baker Hughes reported that despite this week's increase in rigs the total count is still 34 rigs or 5% lower than this time last year. Baker Hughes reported that oil rigs increased by one this week to 481 while gas rigs increased by one to 98.
Baker Hughes reports that the US oil rig number has reached its highest level since June.
Baker Hughes, a leading energy services company, said that the U.S. firms cut back on the number oil and gas rigs for the second consecutive week, despite the fact that the number oil rigs was at its highest level since June. The number of oil and gas rigs, a good indicator of future production, dropped by two in the week ending April 4 to 590. Baker Hughes reported that oil rigs increased by five this week to 489, their highest level since June. Gas rigs, on the other hand, fell by seven to 96 - their lowest level since September - which is the largest weekly drop since May 2023. Oil and gas rig counts are expected to decline by 5% and 20% respectively in 2024, as the lower U.S.
Baker Hughes reports that US oil and gas rigs have risen for the first time in 3 weeks.
Baker Hughes, a leading energy services company, said that the U.S. added oil and gas rigs this week for the first time since three weeks. The number of oil and gas drilling rigs, a good indicator of future production, increased by one in the week ending March 21. Baker Hughes reported that despite this week's increase in rigs the total count is still 31 rigs or 5% lower than this time last year. Baker Hughes reported that oil rigs dropped by one this week to 486, while gas-rigs increased by two to 102. Oil and gas rig counts are expected to decline by 5% and 20% respectively in 2024, as the lower U.S.