The number of active U.S. oil and gas drilling rigs fell for the second consecutive week, amidst a decline in US crude oil production and a drop in oil prices.
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(Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row to the lowest since December 2021, energy services firm Baker Hughes said in ...
The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, after a 5-rig drop in the week prior.
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The total U.S. rig count is made up of 478 oil rigs, 98 gas rigs, and four miscellaneous rigs, according to the count, which revealed that the U.S. total comprises 515 horizontal rigs, 52 ...