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US drillers add 7 oil rigs in week ending Feb. 12: Baker Hughes
12/02/2021
Argaam Exclusive
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The number of active US rigs drilling for oil increased by seven to reach 306 in the week ending Feb. 12, General Electric Co.’s Baker Hughes energy services firm said in its closely followed report on Friday.
Meanwhile, the natural gas rig count fell by two to reach 90 compared with the previous week.
Oil and gas exploration platforms - USA
| Item | Year Before | Last Week | Current | Weekly Change | Yearly Change |
|---|---|---|---|---|---|
| No. of Rig Count | 678 | 299 | 306 | 7+ | (372) |
| Gas | 110 | 92 | 90 | (2) | (20) |
| Oil & Gas | 788 | 391 | 396 | 5+ | (392) |
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Price
Change (value)Change (%)
Brent Crude Oil
65.50
(1.49)
(2.23 %)
Nymex
61.87
(1.61)
(2.54 %)
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3.05
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(0.84 %)
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3,586.76
40.90
1.15 %
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41.01
0.34
0.84 %
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(0.30 %)
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102.03
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(0.37 %)
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1,988.00
0.00
0.00 %
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2,855.50
19.50
0.69 %
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825.00
0.00
0.00 %
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519.25
(0.20)
(0.04 %)
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418.00
(1.60)
(0.38 %)
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373.65
(0.75)
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4,912.50
(37.50)
(0.76 %)
Skim Milk Powder
2,787.50
0.00
0.00 %
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15.35
0.39
2.61 %
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