Rig Counts
Rig Counts
US Oil Rig Count Drops For Second Consecutive Week
U.S. energy firms this week reduced the number of oil rigs operating for a second week in a row as drillers follow through on plans to cut spending this year.
Rig Counts
US Oil Rig Count Falls By Five
The rig count, an early indicator of future output, declined over the past seven months as independent E&P companies cut spending on new drilling as they focus more on earnings growth instead of increased output.
Rig Counts
US Oil Rig Count Rises For Second Consecutive Week
Companies added four oil rigs in the week to June 28, bringing the total count to 793, Baker Hughes, a GE company, said in its weekly report. That compares with 858 rigs operating during the same week a year ago.
Rig Counts
US Oil Rig Count Inches Up
Companies added one oil rig in the week to June 21, bringing the total count to 789, Baker Hughes, a GE company, said in its weekly report.
Rig Counts
US Oil Drillers Cut Rigs For Second Week In A Row
Drillers cut one oil rig in the week to June 14, bringing down the total count to 788, still the lowest since February 2018, Baker Hughes, a GE company, said in its weekly report.
Rig Counts
US Oil Rig Count Falls To Lowest Since February 2018
Drillers cut 11 oil rigs in the week to June 7, bringing down the total count to 789, Baker Hughes, a GE company, said in its weekly report.
Rig Counts , Drilling
US Drillers Cut Oil Rigs For Sixth Straight Month
Year-to-date, the total number of oil and gas rigs active in the U.S. has averaged 1,025. Most rigs produce both oil and gas.
Rig Counts
US Oil Drillers Cut Rigs For Third Week In A Row
U.S. energy firms this week reduced the number of oil rigs operating for a third week in a row as weaker oil prices encourage drillers to follow through on plans to cut spending.
Rig Counts , Shale Plays
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.
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.