Tag: Baker Hughes
US oil rig count down for third week out of four
Canadian oil rig count unchanged The oil rig count in the United States fell slightly for the third time in the previous four weeks as oil prices continue to stumble. According to the weekly report by Baker Hughes there were three fewer oil rigs operational in the week ending Sept. 8. The total now is […]
US oil rig count falls by one last week: Baker Hughes
Rig count down in Canada by three On Friday, Baker Hughes released its weekly rig count. In the week ending August 11, the number of rigs drilling for oil in the US was 765, down by 1 compared to the previous week. According to the oilfield services giant, the number of operational oil rigs sat […]
US gas and oil rig count down by 2, Canadian rig count up 15
Rig count expected to continue rising through at least 2019 In its weekly review, General Electric Co’s Baker Hughes reports the US rig count fell for the second week since January and now sits at 950. Drillers cut one oil rig and one gas rig in the week ending July 21. During the same period […]
US rig count steady at 952: Baker Hughes
US rig count over double this time last year On Friday, Baker Hughes released its much anticipated rig count. Data from the oil services giant showed the US count remained steady at 952 and the number of rigs operational in Canada was up by 16. The rig count is over double what it was this […]
US rig count rises by 12, pace of additions continues to slow
Canadian rig count down by 14 In the weekly Baker Hughes rig count, data showed the US rig count rose again last week, however, the pace of additions has slowed in recent months as oil prices continued to slump. US drillers added seven oil rigs and five gas rigs in the week ending July 7. […]
US rig count down for first week since January: Baker Hughes
US rig count down by two in week to June 30 According to the weekly rig count report by Baker Hughes, for the first time since January, US oil drillers cut the number rigs this past week and the pace of additions this quarter has slowed as oil prices stagnate. The US rig count fell […]
US rig count up for record 23rd straight week: Baker Hughes
US oil rig count up to 758, highest since April 2015 The US rig count rose for the 23rd straight week as US energy firms added 11 oil rigs in the week ending June 23, bringing the total count to 758, according to Baker Hughes. The rig count this week is the most since April […]
US rig count up for 22nd straight week, but pace slowing: Baker Hughes
US rig count up to 747 Data released by Baker Hughes on Friday shows the US rig count increased for the 22nd straight week, but the energy services firm adds the pace of additions has slowed as crude prices dropped to 2017 lows. In the week ending June 16, US drillers added six oil rigs, […]
Canadian rig count (finally) rises by 23, US up for 21st straight week
US output forecast to rise from 8.9 million b/d in 2016 to 9.3 million b/d in 2017 and a record 10 million b/d in 2018 On Friday, Baker Hughes reported US energy companies added oil rigs for a record 21st straight week in a row. The data from the energy services firm shows drillers added eight […]
Canadian May rig count down 23, US count up 40 – Baker Hughes
Worldwide rig count for May 2017 was 1,935, up 18 Baker Hughes Incorporated announced the international rig count for May 2017 was 957, up 1 from the 956 counted in April, and up 2 from the 955 counted in May 2016, according to a press release. The international offshore rig count for May was 202, […]
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