U.S. oil rigs fell to 537 this week, while gas rigs dropped to 133.
Here’s a roundup of the latest E&P headlines including progress redeveloping the Tyra Field and new contract awards in the upstream oil and gas industry.
Oil rigs in the U.S. fell by 5 to 540, while gas rigs rose by 11, landing at 135, which is the highest since early June.
Oil rigs in the U.S. fell by 1 to 545, while gas rigs dropped by 6 to 124.
The oil and gas rig count fell for the eighth week in a row to 682.
The oil and gas rig count fell by 8 to 687, the lowest it's been since April 2022.
The oil and gas rig count fell by one to 695.
The oil and gas rig count fell, for the fifth week in a row, to 696.
The U.S. oil and gas rig count fell by 44 this month, in the biggest drop in three years.
Oil prices increased thanks to a number of factors, including the U.S. debt limit, increased inventories of commercial crude and decreased inventories in the Strategic Petroleum Reserve.