Tag: Rig counts
Permian Basin adds most rigs in June, Concho and Energen most active drillers
US rig count up 9, Canada up 21, international down 6 HOUSTON – U.S. drillers this week added oil rigs for a fifth week in six, according to a closely followed report Friday, prompting analysts to predict the rig count has bottomed and production will start to edge up early next year. Analysts at U.S. financial […]
March 2016 rig counts released, numbers down across globe
HOUSTON- Baker Hughes announced today that the international rig count for March 2016 was 985, down 33 from the 1,018 counted in Feb. 2016, and down 266 from the 1,251 counted in March 2015. The international offshore rig count for March 2016 was 211, down 14 from the 225 counted in Feb. 2016, and down […]
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