Baker Hughes: US Oil Rig Count DN 2 on Week, 84 on Year


   
   OAKHURST, N.J. (DTN) --- Baker Hughes reports the number of rigs operational 
in the United States drilling for oil declined by two since prior Friday to 506 
today, down 84 from the same week in 2023.

   According to the report, the number of natural gas rigs in operation eased 
by one to 109 in the week ended today, 49 below a year ago.

   Baker reports the number of oil rigs in operation in Canada increased by 
five to 70, up 18 from last year. The latest data show the natural gas rig 
count remained at 71 in the week profiled, down 4 from a year earlier.




(c) Copyright 2024 DTN, LLC. All rights reserved.