The US drilling rig count declined for the fourth consecutive week. The US drillers declined by three to 485 in the week ended June 21, the lowest level compared to 481 drillers since Jan. 7, 2022, Baker Hughes energy services firm said in its closely followed report on Friday.
Meanwhile, the gas rig count remained unchanged at 98 for the second week in a row.
Item | Year Before | Last Week | Current | Weekly Change | Yearly Change |
---|---|---|---|---|---|
No. of Rig Count | 546 | 488 | 485 | (3) | (61) |
Gas | 130 | 98 | 98 | 0 | (32) |
Oil & Gas | 676 | 586 | 583 | (3) | (93) |
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