US drillers add 6 oil rigs in week ending Aug. 16: Baker Hughes

17/08/2019 Argaam Special

 

U.S. energy companies added six oil rigs in the week ending Aug. 16, bringing the total count to 770, General Electric Co.’s Baker Hughes energy services firm said in its closely followed report on Friday.

 

The gas rig count declined by four rigs to 165 rigs for the week, compared to 186 gas rigs a year earlier.

 

US oil & gas rigs

Rigs

A year ago

Previous week

Week ending Aug. 16

Week-on-week change

YoY

Oil

869

764

770

+6

(99)

Gas

186

169

165

(4)

(21)

Oil & Gas

1055

933

935

+2

(120)

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