Baker Hughes: US oil rig count down by 3 to 671

Friday, 22. November 2019 19:04

The number of oil rigs in the United States decreased by 3 to 671 in the week ending November 22 compared to the previous week, according to the Baker Hughes weekly rig count released on Friday.

Meanwhile, the number of US gas rigs was unchanged at 129 during the same week, bringing the total number of rigs to 803. On an annual basis, the number of oil rigs decreased by 214.

In Canada, the total rig count was 137, up by 3 from the previous week. The number of oil rigs decreased by 2 to 86 and the number of gas rigs was up by 5 to 51. Year-on-year, the number of oil rigs in Canada fell by 38.

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Breaking the News / JC