Current BHI Stock Info

Total rig count follows similar trend as oil rigs
The number of rigs drilling for oil in the United States declined again, continuing the trend for a tenth straight week. According to Baker Hughes (ticker: BHI) the number of rigs drilling fell by six to 572 for the week ended November 6, 2015. The count for rigs drilling for oil has fallen by 90 over the course of the last ten weeks.

Excluding the week ended October 23, when added gas rigs balanced out the fall in oil rigs, the trend for the overall rig count in the U.S. has followed the de...

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