Exploration & Production - Rig Count

US Drillers Add 10 Oil Rigs This Week

Drillers added 10 oil rigs in the week to Jan. 25, bringing the total count to 862, Baker Hughes, a GE company, said in its closely followed report.

January 25, 2019

US Oil Rig Count Falls By 21

Active rigs in the Permian Basin, the country's biggest shale oil formation, in Texas and New Mexico, dropped by seven this week to 481, the lowest since August.

January 18, 2019

US Oil Drillers Cut Rigs For Second Week In A Row

Drillers cut four oil rigs in the week to Jan. 11, bringing the total count down to 873, Baker Hughes, a GE company, said in its closely followed report.

January 11, 2019

US Oil Drillers Cut Rigs For Second Week In A Row

Drillers cut four oil rigs in the week to Dec. 14, bringing the total count down to 873, Baker Hughes, a GE company (NYSE: BHGE), said in its weekly report.

December 14, 2018

US Oil Drillers Cut Most Rigs Since May 2016

Energy companies cut 10 oil rigs in the week to Dec. 7, the biggest weekly decline since May 2016, bringing the total count down to 877, Baker Hughes, a GE company (NYSE: BHGE) said in its weekly report.

December 7, 2018

US Drillers Add Oil Rigs For Fifth Straight Month

Drillers added two oil rigs in the week to Nov. 30, bringing the total count to 887, Baker Hughes, a GE company (NYSE: BHGE) said in its weekly report.

November 30, 2018

US Oil Rig Count Increases By Two

Drillers added two oil rigs in the week to Nov. 16, bringing the total count to 888, still the highest level since March 2015, Baker Hughes, a GE company (NYSE: BHGE), said in its weekly report.

November 16, 2018

Continental Resources' Bakken Production Hits Quarterly Record

Top Bakken producer Continental Resources on Oct. 29 said its output from the oil-rich North Dakota shale field hit a record during the third quarter and would increase significantly through the end of the year as it completed more wells.

October 30, 2018

US Drillers Add Oil Rigs For Third Consecutive Week

Drillers added two oil rigs in the week to Oct. 26, bringing the total count to 875, the highest level since March 2015, Baker Hughes, a GE company (NYSE: BHGE), said in its weekly report.

October 26, 2018

US Drillers Add Oil Rigs, Permian Count Nears 4-Year High

Drillers added eight oil rigs in the week to Oct. 12, bringing the total count to 869, Baker Hughes, a GE company (NYSE: BHGE), said in its weekly report.

October 12, 2018

US Oil Drillers Cut Rigs For Third Consecutive Week

Drillers cut two oil rigs in the week to Oct. 5, bringing the total count down to 861, Baker Hughes, a GE company (NYSE: BHGE), said in its weekly report. This is the longest streak of weekly cuts since October 2017.

October 5, 2018

US Oil Rig Count Falls By One

Drillers cut one oil rig in the week to Sept. 21, bringing the total count down to 866, Baker Hughes, a GE company (NYSE: BHGE), said in its weekly report.

September 21, 2018

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