11 more rigs shut down U.S. drilling activity continued to fall this week, according the latest edition of Baker Hughes’ Weekly Rig Count. The total number of rigs active in the U.S. fell to 898 this week, the first time the count has been below 900 since May. Eleven rigs shut down in the week, split between nine land-based rigs
Only one inland waters rig left Drilling activity in the U.S. decreased this week as rigs continue to seek equilibrium, according to Baker Hughes Weekly Rig Count. A total of four rigs shut down this week, almost entirely reversing the gains established last week. There are now 936 drilling rigs operating in the U.S. Three land-based rigs shut down, leaving
Offshore activity highest since July Oil and gas activity increased this week, reversing three weeks of decline, according to the latest Baker Hughes Weekly Rig Count. Five rigs became active this week, meaning there are now 940 rigs operating in the U.S. Gains were split between land and offshore operations, as each added three rigs. One inland waters rig shut
935 U.S. rigs operating this week; Permian shows highest activity since February 2015 U.S. drilling activity continued to decline this week, according to the latest edition of Baker Hughes’ Weekly Rig Count. The total number of rigs operating in the U.S. fell by one, dropping to 935 this week. Two land rigs shut down, meaning there are now 913 such
Eight land rigs shut down Drilling activity fell this week in the largest drop in over a year, according to the latest edition of Baker Hughes’ Weekly Rig Count. The total number of rigs active in the U.S. dropped by eight this week, as sub-$50 oil prices stalled the current recovery. Rig activity in the U.S. has not decreased by
One additional inland waters rig is sole addition U.S. drilling activity increased slightly this week, according to the latest edition of Baker Hughes’ Weekly Rig Count. There are now a total of 944 active rigs in the country, up one from 943 last week. Inland waters provided the single addition, meaning there are now five such rigs active in the
Land rigs drop by seven U.S. drilling activity continues to fall, dropping for the fourth straight week according to Baker Hughes Weekly Rig Count. The total number of rigs active in the U.S. fell by six to 940, down 18 from the peak of 958 in the last week of July. Seven land-based rigs shut down this week, dropping the
Offshore activity down by one-third since July Drilling activity decreased last week as operators approach equilibrium in the current oil price market, according to Baker Hughes’ Weekly Rig Count. The total number of rigs active in the U.S. fell by three last week, bringing the total number of rigs in the country to 946. One land-based rig shut down, and
Five rigs shut down Activity in the oilfield may be softening a bit. Drilling activity in the U.S. fell for the second week in a row, according to Baker Hughes’ Weekly Rig Count. There are now a total of 949 operational rigs in the U.S., five less than were active last week. Six land rigs shut down, meaning there are
Two offshore GOM rigs come online U.S. drilling activity fell this week, according to Baker Hughes’ Weekly Rig Count. Overall, two rigs shut down in the United States in the week, bringing the total number of rigs active in the country to 950. Four land rigs shut down, while two offshore rigs became active. These changes mean there are now
Permian grows to 373 rigs The U.S. rig count was unchanged this week, seemingly signaling a response to lowering oil prices, according to Baker Hughes’ Weekly Rig Count. The total number of rigs active in the U.S. is still 952, the same as last week. However, one land rig came online and one inland waters rig shut down, giving a
940 rigs active in U.S.; Texas is the only state to add a rig The longest streak of increasing drilling activity since at least 1986 has finally been broken, according Baker Hughes Weekly Rig Count. The total number of rigs active in the U.S. dropped by one this week, marking the end of a 23 week long streak of increasing
