US Rig Count Falls As E&P Companies Cut Spending
Drillers cut three oil rigs in the week to May 17, bringing down the total count to 802, below the 844 units operating a year ago, Baker Hughes, a GE company, said in its weekly report.
May 17, 2019
Rig Counts
US Oil Drillers Cut Rigs, Count Falls By Two
The rig count has declined over the past five months as independent E&P companies cut spending on new drilling as they focus more on earnings growth instead of increased output.
May 10, 2019
US Oil Rig Count Rises
Companies added two oil rigs in the week to May 3, bringing the total count to 807, lower than the 834 rigs active this time last year, Baker Hughes, a GE company, said in its weekly report.
May 3, 2019
Report: US Oil Drillers Make Biggest Rig Cuts In Over Three Months
U.S. oil drillers this week cut the most rigs since the week to Jan. 18 and reduced the number of oil rigs operating for a second week in a row.
April 26, 2019
US Drillers Add Oil Rigs For Second Week In A Row
Companies added two oil rigs in the week to April 12, bringing the total count to 833, Baker Hughes, a GE company, said in its weekly report.
April 12, 2019
US Drillers Add Rigs As Oil Price Rises
Companies added 15 oil rigs in the week to April 5, the biggest increase since May, bringing the total count to 831, Baker Hughes, a GE company, said in its weekly report.
April 5, 2019
March Rig Count Down 93 From Last Month, US Down 26
The worldwide rig count for March 2019 was 2,213, down 93 from the 2,306 counted in February 2019, and up 34 from the 2,179 counted in March 2018.
April 5, 2019
US Oil Rig Count Falls Amid Rise In Oil Price
Drillers cut eight oil rigs in the week to March 29, bringing the total count down to 816, the lowest since April 2018, Baker Hughes, a GE company, said in its weekly report.
March 29, 2019
US Oil Drillers Cut Rigs For Fifth Consecutive Week
Drillers cut nine oil rigs in the week to March 22, bringing the total count down to 824, the lowest since April 2018, Baker Hughes, a GE company (NYSE: BHGE), said in its weekly report.
March 22, 2019