Baker Hughes: Number of U.S. Oil Drilling Rigs Stable
The number of oil rigs in the United States remained unchanged in the week ending July 10, after rising for the previous two weeks, according to data released Friday by Baker Hughes.
The number of oil drilling rigs in the United States stabilized during the week ending July 10, according to data released Friday by Baker Hughes, after rising over the previous two weeks.
Baker Hughes delayed the data release by about an hour without giving reasons so far.
Oil and gas drilling rigs - USA
Item: One year ago, previous week, current week, weekly change, change since last year. Number of oil rigs: 424, 445, 445, 0, 21. Gas: 108, 126, 126, 0, 18. Oil and gas: 532, 571, 571, 0, 39. What does this mean? Looking at the data of the last 12 weeks, the number of oil rigs increased by 35, while gas rigs rose by one. The increase in rig count indicates a potential increase in production in the short term.
Original source: Argaam
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