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US rig count falls to lowest since January 2022: Baker Hughes
03/11/2023
Argaam Exclusive
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The US drilling rig count decreased in the week ended Nov. 3, Baker Hughes energy services firm said in its closely followed report on Friday.
The drilling rigs dropped by eight to 496, the lowest level since Jan. 28, 2022.
Meanwhile, the gas rig count rose by one unit to 118 in the week.
Oil and gas exploration platforms - USA
| Item | Year Before | Last Week | Current | Weekly Change | Yearly Change |
|---|---|---|---|---|---|
| No. of Rig Count | 613 | 504 | 496 | (8) | (117) |
| Gas | 155 | 117 | 118 | 1+ | (37) |
| Oil & Gas | 768 | 621 | 614 | (7) | (154) |
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0.32
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22.50
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587.75
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449.75
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4,925.00
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2,712.50
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