The number of active oil rigs in the US was unchanged at 418 during the week ended Oct. 17, following two consecutive weeks of declines, Baker Hughes data showed.
Meanwhile, the number of natural gas rigs increased by one unit to reach 121 during the same period.
Item | Year Before | Last Week | Current | Weekly Change | Yearly Change |
---|---|---|---|---|---|
No. of Rig Count | 482 | 418 | 418 | 0 | (64) |
Gas | 99 | 120 | 121 | 1+ | 22 |
Oil & Gas | 581 | 538 | 539 | 1+ | (42) |
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