The number of active US rigs drilling for oil declined by one to reach 305 in the week ending Feb. 19, General Electric Co.’s Baker Hughes energy services firm said in its closely followed report on Friday.
Meanwhile, the natural gas rig count rose by one to reach 91 compared with the previous week.
Item | Year Before | Last Week | Current | Weekly Change | Yearly Change |
---|---|---|---|---|---|
No. of Rig Count | 679 | 306 | 305 | (1) | (374) |
Gas | 110 | 90 | 91 | 1+ | (19) |
Oil & Gas | 789 | 396 | 396 | 0 | (393) |
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