The rig count in the Permian Basin was down six this week, the latest count Friday by Baker Hughes shows, with 298 rigs active in the region. A year ago, 310 rigs were active in the region. Nationally ...
In its last weekly release, Baker Hughes Company BKR stated that the U.S. rig count was lower than the prior week’s figure.
The overall drilling rig count in North America is up 9 units during the week ended Jan. 17, with Canada’s double-digit oil-directed rig count increase leading the way.
Despite deregulation efforts and calls for increased production, U.S. oil drilling activity has fallen to near post-pandemic ...