US oil rig count up by 1 to 713 - Baker Hughes

Friday, 18. October 2019 19:04

The number of oil rigs in the United States increased by 1 to 713 in the week ending October 18 compared to the previous week, according to the Baker Hughes weekly rig count released on Friday.

Meanwhile, the number of US gas rigs was fell by 6 to 137 during the same week to bring the total number of rigs in the country to 851. Annually, the number of oil rigs decreased by 150.

In Canada, the number of oil rigs decreased by 4 to 98 and the number of gas rigs rose by 1 to 45, bringing the total rig count to 143. Year-on-year, the number of oil rigs fell by 25.

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Breaking the News / JC