US drillers add 2 oil rigs in week ending April 12: Baker Hughes

13/04/2019 Argaam

 

U.S. energy companies added two oil rigs in the week ending April 12, bringing the total count to 833, General Electric Co.’s Baker Hughes energy services firm said in its closely followed report on Friday.

 

The natural gas rig count decreased by five rigs to 189 rigs for the week, the same number as a year earlier.

 

The U.S. rig count, an early indicator of future output, is higher than a year ago when 815 rigs were active.

 

US oil & gas rigs

Rigs

A year ago

Previous week

Week ending April 12

Week-on-week change

YoY

Oil

815

831

833

+2

18+

Gas

192

194

189

(5)

(3)

Oil & Gas

1008

1025

1022

(3)

14+

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