Baker Hughes: US Oil Rig Count Posts 1st Gain since Mid-May


   
    

   OAKHURST, N.J. (DTN) --- Baker Hughes data show the number of rigs in the 
United States drilling for oil increased for the first time in 10 weeks, rising 
by five to 482 as of today. The rig count is 47 below the same week in 2023.

   Baker reports the number of U.S. natural gas rigs in operation declined by 
two to 101 as of today, 27 lower than a year ago.

   In Canada, the number of oil rigs in operation continued higher, up by 14 
week-on-week to 144 and the natural gas count also held to the upside, up one 
to 67 as of today. The oil rig count is up 23 compared with the corresponding 
week in 2023 while the gas rig count is down by five.




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