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Tag: oil rigs
US Drillers Cut Oil, Gas Rigs to Historic Low
2020-05-08 19:33:56| OGI
The rig count, an early indicator of future output, fell by 34 to a record low of 374 in the week to May 8, according to data from energy services firm Baker Hughes Co. going back to 1940.
US Drillers Cut Oil Rigs for Seventh Consecutive Week
2020-05-01 19:25:45| OGI
Drillers cut 53 oil rigs in the week to May 1, bringing down the total count to 325, the lowest since June 2016, energy services firm Baker Hughes Co. said in its weekly report.
Tags: week
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US Drillers Add Oil Rigs For Second Consecutive Week
2020-02-14 19:51:51| OGI
Companies added two oil rigs in the week to Feb. 14, bringing the total count to 678, energy services firm Baker Hughes Co. said in its weekly report.
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US Drillers Cut Oil Rigs For Third Consecutive Week
2020-01-10 19:31:12| OGI
Drillers cut 11 oil rigs in the week to Jan. 10 in the biggest decline since October, bringing down the total count to 659, energy services firm Baker Hughes Co. said in its weekly report.
Tags: week
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US Drillers Cut Oil Rigs For Second Consecutive Week
2020-01-03 22:20:00| OGI
Drillers cut seven oil rigs in the week to Jan. 3, bringing the total count down to 670 vs. 877 active rigs a year ago, energy services firm Baker Hughes said in its closely followed report.
Tags: week
cut
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