The US drilling rig count fell for the third consecutive week, declining one unit to 473 in the week ended May 16, according to energy services firm Baker Hughes.
The gas rig count also fell one unit to 100 in the week.
Item | Year Before | Last Week | Current | Weekly Change | Yearly Change |
---|---|---|---|---|---|
No. of Rig Count | 497 | 474 | 473 | (1) | (24) |
Gas | 103 | 101 | 100 | (1) | (3) |
Oil & Gas | 600 | 575 | 573 | (2) | (27) |
Be the first to comment
Comments Analysis: