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U.S. Drilling Makes Gains As Gas Rig Count Jumps
The total number of total active drilling rigs in the United States rose by 8 this week, with gas-directed rigs making all the gains, according to new data from Baker Hughes published on Friday. The total rig count rose to 754 this week—91 rigs higher than the rig count this time in 2022 and 321 rigs lower than the rig count at the beginning of 2019, prior to the pandemic. Oil rigs in the United States decreased by 1 this week, to 589 on top of the 2 rigs lost in the week prior. Gas rigs was a different story, gaining 9 in the week to 162. Miscellaneous rigs stayed the same. The rig count in the Permian Basin rose ... (full story)
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- Posted: Mar 17, 2023 4:00pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 66
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