US Baker Hughes Oil Rig Count
It's a leading indicator of production changes - spending in exploration and development increases when oil prices are expected to rise;
Energy prices are based on supply and demand in the market. Inventories are used to maintain price stability during supply shortages and periods of increasing demand;
- US Baker Hughes Oil Rig Count Graph
- History
| Expected Impact / Date | Actual | Forecast | Previous |
|---|---|---|---|
| Oct 11, 2024 | 481 | 478 | 479 |
| Oct 4, 2024 | 479 | 484 | 484 |
| Sep 27, 2024 | 484 | 488 | 488 |
| Sep 20, 2024 | 488 | 489 | 488 |
| Sep 13, 2024 | 488 | 483 | 483 |
| Sep 6, 2024 | 483 | 483 | 483 |
| Aug 30, 2024 | 483 | 482 | 483 |
| Aug 23, 2024 | 483 | 482 | 483 |
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- US Baker Hughes Oil Rig Count News
From oilprice.com|Oct 4, 2024The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday. The total rig count fell by 2 this week to 585, compared to 619 rigs this same time last year. The number of oil rigs fell by 5 this week to 479—down by 18 compared to this time last year. The number of gas rigs rose by 3 this week to 102, a loss of 16 active gas rigs from this time last year. Miscellaneous rigs stayed the same at 4. Meanwhile, U.S. crude oil production rose in the ...
From breakingthenews.net|Sep 27, 2024The number of oil rigs in the United States stood at 484 in the week ending September 27, decreasing by four compared to the previous week, according to the Baker Hughes weekly rig count report published on Friday. The number of oil rigs was down by 18 year on year.
From oilprice.com|Sep 20, 2024The total number of active drilling rigs for oil and gas in the United States fell slightly this week, according to new data that Baker Hughes published on Friday. The total rig count fell by 2 this week, compared to 630 rigs this same time last year. The number of oil rigs stayed the same this week at 488—down by 19 compared to this time last year. The number of gas rigs fell by 1 this week to 96, a loss of 22 active gas rigs from this time last year. Miscellaneous rigs fell by 1 rig, to 4. Meanwhile, U.S. crude oil production fell ...
From oilprice.com|Sep 13, 2024The total number of active drilling rigs for oil and gas in the United States rose substantially this week, bucking the recent downward trend, according to new data that Baker Hughes published on Friday. The total rig count rose by 8 to 590 this week, compared to 641 rigs this same time last year. The number of oil rigs rose by 5 this week after staying the same in the three weeks prior. Oil rigs now stand at 488—down by 27 compared to this time last year. The number of gas rigs rose by 3 this week to 97, a loss of 24 active gas rigs ...
- From breakingthenews.net|Sep 13, 2024
The number of oil rigs in the United States stood at 488 in the week ending September 13, increasing by five compared to the previous week, according to the Baker Hughes weekly rig count released on Friday. On an annual basis, the number of oil rigs dropped by 27. Meanwhile, the US gas rig count rose by three to land at 97 compared to the week before. The total number of rigs in the country currently stands at 590, up by eitght from last week and plunging by 51 from the previous year. In Canada, the total rig count decreased by two ...
From breakingthenews.net|Sep 6, 2024The number of oil rigs in the United States remained unchanged at 483 in the week ending September 6, according to Baker Hughes rig count data released on Friday. On an annual basis, oil rigs fell by 30. Meanwhile, the US gas rig count fell by one to land at 94 compared to the week before. The total number of rigs in the country currently stands at 582, down by one from last week and plunging by 50 from the previous year. In Canada, the total rig count remained at 220 and increased by 38 compared to 12 months ago. The number of oil ...
From oilprice.com|Aug 31, 2024The total number of active drilling rigs for oil and gas in the United States fell again this week, according to new data that Baker Hughes published on Friday. The total rig count fell by 2 to 583 this week, compared to 631 rigs this same time last year. The number of oil rigs stayed the same this week after staying the same in the week prior. Oil rigs now stand at 483—down by 29 compared to this time last year. The number of gas rigs fell by 2 this week to 95, a loss of 19 active gas rigs from this time last year. Miscellaneous ...
- From breakingthenews.net|Aug 23, 2024
The number of oil rigs in the United States remained unchanged at 483 in the week ending August 23, according to Baker Hughes rig count data released on Friday. On an annual basis, oil rigs fell by 29. Meanwhile, the US gas rig count fell by one to land at 97 compared to the week before. The total number of rigs in the country currently stands at 585, down by one from last week and plunging by 47 from the previous year. In Canada, the total rig count stood at 219, up by two from last week and increasing by 29 compared to 12 months ...
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| Released on Sep 27, 2024 |
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| Released on Sep 13, 2024 |
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| Released on Sep 6, 2024 |
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| Released on Aug 30, 2024 |
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| Released on Aug 23, 2024 |
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