Tag: US Rig Count

Oil prices pare early session gains after Flynn plea

Oil prices pare early session gains after Flynn plea

Oil prices originally buoyed by OPEC deal announcement Oil prices pared early gains on Friday as concerns about President Donald Trump’s exposure to Robert Mueller’s probe into Russian meddling in the US election campaign last year impacted the market. Wall Street’s main indexes all fell by over 1 per cent following an ABC report that […]

US rig count down by 13, Canadian rig count drops by 46

US rig count down by 13, Canadian rig count drops by 46

Rig count drops to 489 in United States HOUSTON_On Friday, Baker Hughes released its weekly rig count statistics. ┬áIn the week ending on Mar. 4, 2016, there were 13 fewer rigs searching for oil and gas in the United States and 46 fewer in Canada. This is the ninth straight week were the US rig […]

Rig count down 34 to 664 in US, up 83 in Canada

Rig count down 34 to 664 in US, up 83 in Canada

Rig count issued by Baker Hughes On Friday, Baker Hughes issued its weekly rig count which showed a significant drop in the number of rigs operating in the US and a sizeable increase in rigs searching for oil and gas in Canada. According to the count, the total number of rigs operating in the United […]

By January 8, 2016 0 Comments Read More →
Baker Hughes rig count: Texas down 4, USA down 10 to 875

Baker Hughes rig count: Texas down 4, USA down 10 to 875

Baker Hughes rig count up in Colorado, Oklahoma, Alaska, New Mexico Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by 10 this week to 875. Houston-based Baker Hughes said Friday 646 rigs were seeking oil and 225 explored for natural gas. Four […]

Texas loses rigs, 6 states gain in latest rig count

Texas loses rigs, 6 states gain in latest rig count

Texas leads oil-producing states with 538 rigs Texas is losing drilling rigs as oil prices continue to drop, but a few oil-producing states actually gained rigs, according to the latest Baker Hughes rig count. Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. tumbled […]

US rig count: Fell by 67 last week to 1,125

US rig count: Fell by 67 last week to 1,125

According to latest US rig count, Texas lost 37 rigs The US rig count fell again last week, but not by as much as Canada, and the international rig count actually increased. Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. fell by 67 […]