US rig count rises 19 units to 516 last week: Baker Hughes

11/02/2022 Argaam Exclusive

The US drilling rig count rose 19 units to 516 in the week ended Feb. 11, General Electric Co.’s Baker Hughes energy services firm said in its closely followed report on Friday.

 

Meanwhile, the gas rig count rose two units to 118 in the week.

Oil and gas exploration platforms - USA

Item Year Before Last Week Current Weekly Change Yearly Change
No. of Rig Count 306 497 516 19+ 210
Gas 90 116 118 2+ 28
Oil & Gas 396 613 634 21+ 238

Changes in the number of platforms - USA

Commodities

Name
 
Price
Change (value)
Change (%)
Brent Crude Oil
75.17
0.94
1.27 %
Nymex
71.24
1.14
1.62 %
Natural Gas
3.13
(0.21)
(6.19 %)
Gold
2,712.20
37.30
1.40 %
Silver
31.34
0.40
1.28 %
High Grade Copper
4.09
(0.04)
(0.95 %)
Iron Ore
102.02
0.07
0.07 %
Aluminum
2,595.00
(11.00)
(0.42 %)
LEAD
2,018.50
17.50
0.87 %
Zinc
2,972.00
(29.00)
(0.97 %)
Steel
777.00
(11.00)
(1.41 %)
Wheat (CBOT)
564.75
(4.60)
(0.81 %)
Corn (CBOT)
435.25
(1.00)
(0.23 %)
Coffee (ICEUS)
302.10
6.40
2.20 %
Whole Milk Powder
4,637.50
(12.50)
(0.27 %)
Skim Milk Powder
2,750.00
12.50
0.45 %
Refining margins
3.90
(0.66)
(14.47 %)
VLCC "Spot"
-
-
-
LPG (mt) ($)
-
-
-
Fujairah Fuel Pric (mt) ($)
-
-
-
VLCC "TC/1Year" ($)
-
-
-
MR Atlantic ($)
-
-
-
Dry Bulk Panamax ($)
-
-
-

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