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
North Dakota adds most rigs U.S. drilling activity continues to ramp up, stretching the rig rally to 22 weeks, according to Baker Hughes’ Weekly Rig Count. Six additional rigs came online this week, bringing the total number of rigs active in the U.S. to 933. All six of these rigs were land-based, meaning there are now 908 land rigs operating
Highest rig count since April 2015 U.S. rigs, driven by shale activity, continued their relentless climb this week, according to Baker Hughes’ Weekly Rig Count. The total number of rigs active in the U.S. increased by 11, bringing the U.S. total to 927 rigs. This is 513 more than were active at this point last year, and is the highest
Second-longest build, in 1992, was 14 consecutive weeks; U.S. count reaches 916, Permian adds 2 The U.S. drilling industry has now seen 20 weeks of consecutive rig gains, according to the latest Baker Hughes rig count, released today. Eight rigs came online in the U.S. this week, bringing the total number of rigs active in the U.S. to 916. All
