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Tag Archives: E & P

Rig count slides after 10 weeks of increases

baker hughes rig count

After ten weeks of gains, the U.S. rig count from Baker Hughes shows a decrease of six since last week, dropping from 665 to 659. However, the total is still up 9 from last year at this time when the count was 650. Colorado, North Dakota, Ohio, and Pennsylvania each lost one rig. Oklahoma and Texas were each down two ...

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US rig count down 2 this week to 489, Pennsylvania up 2

rig count, Baker Hughes

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. decreased by two this week to 489. A year ago, 877 rigs were active. Depressed energy prices have sharply curtailed oil and gas exploration. Houston oilfield services company Baker Hughes Inc. said Friday that 406 rigs sought oil and 81 explored for natural gas ...

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US rig count up 10 this week to 491, Texas up 8

rig count, Baker Hughes

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by 10 this week to 491. A year ago, 885 rigs were active. Depressed energy prices have sharply curtailed oil and gas exploration. Houston oilfield services company Baker Hughes Inc. said Friday that 406 rigs sought oil and 83 explored for natural gas ...

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