US drillers cut oil rigs for 13th week: Baker Hughes
The US drilling rig count continued to decrease for the 13th straight week, while gas rigs increased in the week ended July 25, Baker Hughes energy services firm said in its closely followed report on Friday.
US drillers lowered the oil rigs seven to 415 units, while the gas rig count rose by five to 122.
Oil and gas exploration platforms - USA
Item | Year Before | Last Week | Current | Weekly Change | Yearly Change |
---|---|---|---|---|---|
No. of Rig Count | 482 | 422 | 415 | (7) | (67) |
Gas | 101 | 117 | 122 | 5+ | 21 |
Oil & Gas | 583 | 539 | 537 | (2) | (46) |
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