US drillers cut 5 oil rigs in week ending July 19: Baker Hughes

20/07/2019 Argaam Special

 

U.S. energy companies cut five oil rigs in the week ending July 19, bringing the total count to 779, General Electric Co.’s Baker Hughes energy services firm said in its closely followed report on Friday.

 

US oil & gas rigs

Rigs

A year ago

Previous week

Week ending July 19

Week-on-week change

YoY

Oil

858

784

779

(5)

(79)

Gas

187

172

174

+2

(13)

Oil & Gas

1045

956

953

(3)

(92)

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