US rig count down 1 unit to 309 last week: Baker Hughes

12/03/2021 Argaam Exclusive

The US drilling rig count fell one unit to 309 in the week ending March 12, 2021, bringing the total count to 309, General Electric Co.’s Baker Hughes energy services firm said in its closely followed report on Friday. 

 

Meanwhile, the gas rig count was unchanged at 92.

Oil and gas exploration platforms - USA

Item Year Before Last Week Current Weekly Change Yearly Change
No. of Rig Count 683 310 309 (1) (374)
Gas 107 92 92 0 (15)
Oil & Gas 790 402 401 (1) (389)

Changes in the number of platforms - USA

Commodities

Name
 
Price
Change (value)
Change (%)
Brent Crude Oil
65.79
(0.81)
(1.22 %)
Nymex
62.35
(1.07)
(1.69 %)
Natural Gas
2.77
(0.12)
(4.27 %)
Gold
3,315.55
(17.12)
(0.51 %)
Silver
37.39
(0.64)
(1.67 %)
High Grade Copper
4.48
(0.01)
(0.30 %)
Iron Ore
102.03
(0.38)
(0.37 %)
Aluminum
2,545.75
(8.00)
(0.31 %)
LEAD
1,974.00
(5.50)
(0.28 %)
Zinc
2,770.00
(11.50)
(0.41 %)
Steel
825.00
0.00
0.00 %
Wheat (CBOT)
521.25
(3.60)
(0.69 %)
Corn (CBOT)
403.25
(3.20)
(0.79 %)
Coffee (ICEUS)
349.05
13.00
3.85 %
Whole Milk Powder
4,950.00
12.50
0.25 %
Skim Milk Powder
2,787.50
62.50
2.24 %
Refining margins
11.10
0.54
5.11 %
VLCC "Spot"
-
-
-
LPG (mt) ($)
-
-
-
Fujairah Fuel Pric (mt) ($)
-
-
-
VLCC "TC/1Year" ($)
-
-
-

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