Rig Count

US Drillers Add Oil Rigs, Count Rises To 768

Drillers have added rigs in 56 of the past 63 weeks since the start of June 2016. The rig count is an early indicator of future output.

Aug 11 2017 - 12:36pm

US Drillers Add Oil Rigs, Pace Remains Slow

Drillers added seven oil rigs in the week to July 7, bringing the total count up to 763, the most since April 2015, Baker Hughes energy services company said in its closely followed report on July 7.

Jul 7 2017 - 12:22pm

US Oil Drillers Cut Rigs For First Week Since January

Drillers cut two oil rigs in the week to June 30, bringing the total rig count down to 756, still more than double the 341 rigs in the same week a year ago, energy services firm Baker Hughes Inc. (NYSE: BHI) said in its closely followed report on June 30.

Jun 30 2017 - 12:47pm

US Drillers Add Oil Rigs For Record 20th Week In A Row

Drillers added 11 oil rigs in the week to June 2, bringing the total count up to 733, the most since April 2015, energy services firm Baker Hughes Inc. (NYSE: BHI) said.

Jun 2 2017 - 12:21pm

US Drillers Add Oil Rigs In Record Streak, But Pace Slows

Drillers added two oil rigs in the week to May 26, bringing the total count up to 722, the most since April 2015, energy services firm Baker Hughes Inc. said on May 26.

May 26 2017 - 12:26pm

US Drillers Add Oil Rigs For 18th Week In A Row

Drillers added eight oil rigs in the week to May 19, bringing the total count to 720, the most since April 2015, energy services firm Baker Hughes Inc. (NYSE: BHI) said on May 19.

May 19 2017 - 12:22pm

US Drillers Add Oil Rigs For 17th Week In A Row

Drillers added nine oil rigs in the week to May 12, bringing the total count up to 712, the most April 2015, energy services firm Baker Hughes Inc. (NYSE: BHI) said on May 12. While that is more than double the same week a year ago when there were only 318 active oil rigs, the pace of those additions has declined with the total over the past four weeks falling to the lowest since March.

May 12 2017 - 1:25pm

US Drillers Add Oil Rigs For 15th Week, Monthly Pace Slows

Drillers added nine oil rigs in the week to April 28, bringing the total count up to 697, the most since April 2015, energy services firm Baker Hughes Inc . (NYSE: BHI) said on April 28.

Apr 28 2017 - 12:36pm

US Drillers Add Oil Rigs For 14th Week In A Row

Drillers added five oil rigs in the week to April 21, bringing the total count up to 688, the most since April 2015, energy services firm Baker Hughes Inc. (NYSE: BHI) said on April 21.

Apr 21 2017 - 1:24pm

US Drillers Add Oil Rigs For 13th Week In A Row

Drillers added 11 oil rigs in the week to April 13, bringing the total count to 683, the highest since April 2015, energy services firm Baker Hughes Inc. (NYSE: BHI) said on April 13. At this time a year ago, there were 351 active oil rigs.

Apr 13 2017 - 1:30pm

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