US oil and gas rig count was relatively flat vs. a week ago, climbing by one rig to 620 for the week ending January 19 according to Baker Hughes. Rigs were added in Appalachia (+2) and All Other (+2), while the Permian (-2) and Anadarko (-1) both lost rigs. Total US rig count is up 1 in the last 90 days, and down 151 vs. this week a year ago. Gas rigs were up three this week to 120, while crude rigs were down two falling to 497.
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- Analyst Insight
US Rigs Up Slightly On Gains In Permian, Gulf of Mexico
US oil and gas rig count was up slightly for the week ending April 19 according to Baker Hughes data climbing to 619, an increase of two vs. a week ago. Rigs were added in the Permian (+2), Anadarko (+1) and Gulf of Mexico (+1), while Appalachia (-1) and All Other (-1) both lost rigs. Total US rig count is down one in the last 90 days, and down 134 from this week a year ago. Oil directed rigs were up five this week to 511, while gas directed rigs were down three to 106.
- Analyst Insight
US Rig Count Increases For Second Consecutive Week - Adding Two Rigs To Reach 755
US Oil and Gas rig count increased for the second week, climbing two rigs to reach a total of 755 according to Baker Hughes data for the week ending April 28.
- Analyst Insight
US Rig Count Continues To Stagnate, Remains at 621 Rigs
US oil and gas rig count continues to be stagnant, with total US rigs at 621 for the week ending January 26 according to Baker Hughes, a gain of one vs. a week ago. Rigs were added in the Permian (+3) and Niobrara (+1), while the Eagle Ford (-1), Haynesville (-1) and Gulf of Mexico (-1) all lost rigs. Total US rig count is down four in the last 90 days, and down 150 vs. this week a year ago.
