US Rig Count Still in Freefall at 301
US Rig Count Still in Freefall at 301
The U.S. rig count is down 17 rigs from the previous week to 301, with oil rigs down 15 to 222, gas rigs down two at 77, and miscellaneous rigs flat at two, according to current data from Baker Hughes.
Year on year, the U.S. rig count is down 683 rigs from last year's 984, with oil rigs down 578, gas rigs down 107, and miscellaneous rigs up two to two.
The U.S. Offshore Rig Count is flat at 12 and down 11 year-over-year, according to B...