Analyst Insights

October Ends With Weekly US Rig Count Unchanged

US oil and gas rig count was unchanged for the week ending October 25 according to Baker Hughes. Rigs were added in the Anadarko (+1) and All Other (+1), while the Gulf of Mexico (-2) lost rigs. Total U.S. rig count is down four in the last 90 days, and down 40 from this week a year ago.

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