The US drilling rig count fell one unit to 478 in the week ended July 12, Baker Hughes energy services firm said in its closely followed report on Friday.
This is the lowest level since Dec. 17, 2021, when the rig count reached 475.
Meanwhile, the gas rig count fell one unit to 100 in the week.
Item | Year Before | Last Week | Current | Weekly Change | Yearly Change |
---|---|---|---|---|---|
No. of Rig Count | 537 | 479 | 478 | (1) | (59) |
Gas | 133 | 101 | 100 | (1) | (33) |
Oil & Gas | 670 | 580 | 578 | (2) | (92) |
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