US oil rig count down by 16 to 754 - Baker Hughes

Friday, 23. August 2019 19:01

The number of oil rigs in the United States decreased by 16 to 754 in the week ending August 23 compared to the previous week, according to the Baker Hughes weekly rig count released on Friday.

Meanwhile, the number of US gas rigs dropped by 3 to 162 during the same week to bring the total number of rigs in the country to 916. On an annual basis, the number of oil rigs decreased by 128.

In Canada, the total rig count was 139, down by 3 from the previous week. The number of oil rigs decreased by 6 to 95 and the number of gas rigs rose by 3 to 44. Year-on-year, the number of oil rigs fell by 58.

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Breaking the News / DZ