US oil rig count up by 6 to 770 - Baker Hughes

Friday, 16. August 2019 19:00

The number of oil rigs in the United States increased by 6 to 770 in the week ending August 16 compared to the previous week, according to the Baker Hughes weekly rig count released on Friday.

Meanwhile, the number of US gas rigs decreased by 4 to 165 during the same week, bringing the total number of rigs in the country to 935. On an annual basis, the number of US oil rigs fell by 99.

In Canada, the total rig count was 142 with oil rigs rising by 7 to 101 and gas rigs down 5 to 41. Year-on-year, the number of oil rigs in Canada was down by 40.

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Breaking the News / JC