U.S. energy companies cut two oil rigs in the week ending May 10, bringing the total count to 805, General Electric Co.’s Baker Hughes energy services firm said in its closely followed report on Friday.
The natural gas rig count remained unchanged at 183 rigs for the week, compared to 199 rigs a year earlier.
|
US oil & gas rigs |
|||||
|
Rigs |
A year ago |
Previous week |
Week ending May 10 |
Week-on-week change |
YoY |
|
Oil |
844 |
807 |
805 |
(2) |
(39) |
|
Gas |
199 |
183 |
183 |
-- |
(16) |
|
Oil & Gas |
1045 |
990 |
988 |
(2) |
(57) |
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