U.S. oil and gas rig count was unchanged at 603 for the week ending October 23 according to Baker Hughes data, the second consecutive week without a change and the third straight above 600, as gains in the Eagle Ford (+2) and Bakken (+1) were matched by declines in Gulf of Mexico (-1), the Niobrara (-1) and All Other (-1). Oil-directed rigs edged up to 460 (+1) while gas-directed rigs slipped to 132 (-1) and miscellaneous rigs were unchanged at 11. Total U.S. rig count is up 16 over the last 90 days and now stands 55 rigs above this week last year.
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U.S. Rig Count Unchanged for Third Straight Week at 603; Niobrara Leads Gains
U.S. oil and gas rig count was unchanged at 603 for the week ending October 30 according to Baker Hughes data, its third consecutive week without a change and the fourth straight above 600.
- Analyst Insight
U.S. Rig Count Unchanged at 603; Uinta Gains Offset Permian, Haynesville Declines
U.S. oil and gas rig count was unchanged at 603 for the week ending October 16 according to Baker Hughes data, holding above 600 for a second consecutive week.
- Analyst Insight
U.S. Rig Count Edges Up One to 604; Haynesville Leads as Gulf of Mexico Slips
U.S. oil and gas rig count edged up one rig to 604 for the week ending November 6 according to Baker Hughes data, extending its run above 600 to a fifth straight week, as gains in Haynesville (+2), Permian (+1) and All Other (+1) outweighed declines in Gulf of Mexico (-2) and the Bakken (-1).
