Rig Counts

Rig Counts

US Oil Rig Count Rises For First Time In Eight Weeks

Companies added two oil rigs in the week to Oct. 11, bringing the total count to 712, Baker Hughes, a GE company, said in its weekly report. In the same week a year ago, there were 869 active rigs.

October 11, 2019

Rig Counts

US Oil Drillers Cut Rigs For Seventh Consecutive Week

Drillers cut three oil rigs in the week to Oct. 4, bringing down the total count to 710, the lowest since May 2017, Baker Hughes, a GE company, said in its weekly report.

October 4, 2019

Rig Counts

US Drillers Cut Oil Rigs For Record 10th Straight Month

U.S. energy firms reduced the number of oil rigs this week and for a record 10th month in a row as producers follow through on plans to cut spending on new drilling this year.

September 27, 2019

Rig Counts

US Oil Drillers Cut Rigs To Lowest Since May 2017

Drillers cut 14 oil rigs in the week to Sept. 20, bringing down the total count to 719, Baker Hughes, a GE company, said in its weekly report.

September 20, 2019

Rig Counts , Shale Plays

US Oil Drillers Cut Rigs For Fourth Consecutive Week

Drillers cut five oil rigs in the week to Sept. 13, bringing down the total count to 733, the lowest since November 2017, Baker Hughes, a GE company, said in its weekly report.

September 13, 2019

Rig Counts

US Oil Drillers Cut Rigs For Third Consecutive Week

Drillers cut four oil rigs in the week to Sept. 6, bringing down the total count to 738, the lowest since November 2017, Baker Hughes, a GE company, said in its weekly report.

September 6, 2019

Rig Counts

US Oil Rig Count Falls By 12

Drillers cut 12 oil rigs in the week to Aug. 30, bringing down the total count to 742, the lowest since early January 2018, Baker Hughes, a GE company, said in its weekly report.

August 30, 2019

Rig Counts

US Oil Rig Count Falls By 16

U.S. energy firms this week cut the most oil rigs in about four months, with the rig count falling to the lowest since January 2018, as producers cut spending on new drilling and completions.

August 23, 2019

Rig Counts

US Drillers Add Oil Rigs For First Week Since June

Companies added six oil rigs in the week to Aug. 16, the biggest increase since April, bringing the total count to 770, Baker Hughes, a GE company, said in its weekly report.

August 16, 2019