Page 4 - Rig Count News Today

Explore the significant decline in the U.S. drilling industry with the latest figures from Baker Hughes.

A land grab for top-quality drilling locations fueled record Permian Basin M&A activity in 2023. To preserve inventory, E&Ps are radically slashing drilling activity on their new assets, East Daley Analytics reports.

The total number of active drilling rigs in the United States fell by 2 this week after climbing by 10 over the course of the last four weeks

The number of rigs drilling for oil and gas is falling. Yet, the U.S. is poised to set new oil and natural gas production records this month. This article explains why.

Although the Nonfarm Payroll number was roughly within the benchmark of estimates, printing 199,000 above 183,000 forecasted. It is the unemployment rate decline from 3.9% to 3.7% which is taking away all the attention, and which commodity traders now see as a possible pick up in demand for energy in the coming quarter.

The total number of active drilling rigs in the United States rose by 1 this week after rising by 3 last week

Oil prices are falling like a rock at the US trading session as markets are repricing recent string of events. The recent repricing is granted after a ceasefire between Israel and Palestine and the overnight

The number of oil rigs rose by 6 to 500—the highest one-week increase in 9 months

The total number of active drilling rigs in the United States fell by 2 this week after falling by 7 last week

Despite the relative strength in crude prices, the US rig count continued its downward trend this week