Baker: US Oil Rig Count Lower for 1st Time since End of May


   
    

    

   OAKHURST, N.J. (DTN) --- Baker Hughes data released this afternoon show the 
first drop in the number of active rigs drilling for oil fell for the first 
time in over two months, down seven through today to 598. The

   According to the data, the oil rig count is 211 higher than this time in 
2021.

   The U.S. natural gas rig count continued higher, up four through today to 
161, an increase of 58 from the corresponding week in 2021.

   Baker reports the number of rigs drilling for oil in Canada continued to 
increase, up three in the week ended today to 140, a gain of 45 from a year 
ago. The data show the number of active rigs drilling for natural gas in Canada 
again decreased, down four as of today to 63, which is three more than a year 
ago.




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