US drillers cut 3 oil rigs in week ending Oct. 4: Baker Hughes

05/10/2019 Argaam Special

 

U.S. energy companies cut three oil rigs in the week ending Oct. 4, bringing the total count to 710, 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 Oct. 4

Week-on-week change

YoY

Oil

861

713

710

(3)

(151)

Gas

189

146

144

(2)

(45)

Oil & Gas

1050

859

854

(5

(196)

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