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US weekly rig count falls 8 units
25/08/2023
Argaam Exclusive
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The US drilling rig count declined for the second straight week, down eight units to 512 in the week ended Aug. 25, General Electric Co.’s Baker Hughes energy services firm said in its closely followed report on Friday.
Meanwhile, the gas rig count fell two units to 115 in the week.
Oil and gas exploration platforms - USA
| Item | Year Before | Last Week | Current | Weekly Change | Yearly Change |
|---|---|---|---|---|---|
| No. of Rig Count | 605 | 520 | 512 | (8) | (93) |
| Gas | 158 | 117 | 115 | (2) | (43) |
| Oil & Gas | 763 | 637 | 627 | (10) | (136) |
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