US oil rig count falls by most in a week since June 2023, Baker Hughes says

US oil rig count falls by most in a week since June 2023, Baker Hughes says

By Scott DiSavino (Reuters) – U.S. energy firms this week cut oil rigs by the most in a week since June 2023, lowering the total oil and natural gas rig count for a third consecutive week, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, fell by seven to 583 in the week to April 11, the biggest weekly decline since June 2024. Baker Hughes said this we…

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Baker Hughes US oil rig count -9

US Oil Rig Count Falls by Most in a Week Since June 2023, Baker Hughes Says - Energy News, Top Headlines, Commentaries, Features & Events

By Scott Disavino April 11 (Reuters) – U.S. energy firms this week cut oil rigs by the most in a week since June 2023, lowering the total oil and natural gas rig count for a third consecutive week, energy services firm Baker Hughes (BKR.O) said in its closely followed report on Friday. The oil and ...

US Oil Rig Count Falls by Most in a Week Since June 2023

The oil and gas rig count fell by seven to 583 in the week to April 11. Baker Hughes said this week's decline puts the total rig count down 34 rigs, or 6% below this time last year.

U.S. rig count decreased by 7 is at 583 – Oil & Gas 360

This week’s Baker Hughes Rig Count shows that the U.S. decreased by 7 over last week, resulting in a total count of 583 rigs. Canada had a decrease of 15 over last week, resulting in a total Canadian count of 138 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Barnett, and the Haynesville regions experienced an increase this week. Meanwhile, 4 regions experienced a decrease this week: The Cana Woodford is at 18, down 1. The