US Oil, Gas Rig Count Unchanged this Week
The oil and gas rig count held at 585 to Nov. 1. Baker Hughes said that puts the total rig count down 33 rigs, or 5% below this time last year.
Nabors Takes to Global Expansion in 3Q as Rig Count Shrinks in Lower 48
Nabors Industries saw broad growth across key international geographies in third-quarter 2024, with more rig deployments expected.
Baker Hughes: US Oil, Gas Rig Count Steady This Week, Down Two in October
U.S. energy firms kept the number of oil and natural gas rigs unchanged this week.
As Rig Count Slips, Oil Production Keeps Growing
Despite the offshore rig market showing signs of demand slippage, oil production looks to be on the rise for the foreseeable future, Westwood analysts say.
SLB Earnings Rise, But Weakened 4Q and 2025 Ahead Due to Oil Glut
SLB, like Liberty Energy, revised guidance lower for the coming months, analysts said, as oilfield service companies grapple with concerns over an oversupplied global oil market.
US Drillers Cut Oil, Gas rigs for the Fourth Time in Five Weeks
The oil and gas rig count fell by one to 585 in the week to Oct. 18. Baker Hughes said that puts the total rig count down 39 rigs, or 6% below this time last year.
US Drillers Add Oil, Gas Rigs for First Time in Four Weeks
The oil and gas rig count rose by one to 586 in the week to Oct. 11. Baker Hughes said the total count was still down 36 rigs or 6% from this time last year.
US Drillers Cut Oil, Gas Rigs for Third Week in a Row
The oil and gas rig count fell by two to 585 in the week to Oct. 4.
US Drillers Cut Oil, Gas Rigs for Second Week in a Row
The oil and gas rig count fell by 1 to 587 in the week to Sept. 27, the lowest since early September.
US Drillers Cut Oil, Gas Rigs for Fifth Week in Six, Baker Hughes Says
U.S. energy firms this week resumed cutting the number of oil and natural gas rigs after adding rigs last week.