Current BHI Stock Info

U.S. Running Rigs Reach Lowest Level of the Millenium
United States rig counts closed out 2015 with 698 in operation, according to the latest information provided by Baker Hughes (ticker: BHI). The total is just two less on a week-over-week basis, and both were oil-focused rigs. The updated number is the lowest since 1999.

Taking basins into consideration, the Williston lost two rigs and now has only 53 in operation – down a staggering 70% compared to year-end 2014. The Barnett, Cana Woodford and Utica each reduced their fleet by one rig, w...

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