US rig count falls 2 units last week: Baker Hughes

08/10/2022 Argaam Exclusive

The US drilling rig count declined two units to 602 in the week ended Oct. 7, General Electric Co.’s Baker Hughes energy services firm said in its closely followed report on Friday.

 

Meanwhile, the gas rig count declined one unit to 158 in the week.

Oil and gas exploration platforms - USA

Item Year Before Last Week Current Weekly Change Yearly Change
No. of Rig Count 433 602 602 0 169
Gas 99 158 158 0 59
Oil & Gas 532 760 760 0 228

Changes in the number of platforms - USA

Name
 
Price
Change (value)Change (%)
Brent Crude Oil
82.79
(1.09) (1.29 %)
Nymex
78.26
(1.00) (1.26 %)
Natural Gas
2.25
(0.05) (2.12 %)
Gold
2,375.00
34.70 1.47 %
Silver
28.51
0.14 0.49 %
High Grade Copper
4.66
0.08 1.68 %
Iron Ore
116.93
(0.03) (0.03 %)
Aluminum
2,530.25
(39.75) (1.55 %)
LEAD
2,225.50
(8.50) (0.38 %)
Zinc
2,941.00
31.00 1.06 %
Steel
758.00
(6.00) (0.78 %)
Wheat (CBOT)
663.50
26.00 4.08 %
Corn (CBOT)
469.75
13.20 2.89 %
Coffee (ICEUS)
201.15
(0.30) (0.15 %)
Whole Milk Powder
3,887.50
12.50 0.32 %
Skim Milk Powder
2,525.00
(50.00) (1.98 %)
Refining margins
10.89
0.22 2.06 %
VLCC "Spot"
-
- -
LPG (mt) ($)
-
- -
Fujairah Fuel Pric (mt) ($)
-
- -
VLCC "TC/1Year" ($)
-
- -
MR Atlantic ($)
-
- -
Dry Bulk Panamax ($)
-
- -

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