Weekly Rig Count Report – US Rig Count Up By 16

Posted by | May 19, 2017 | News, US Rig Count

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That was another very good week for the rig business. According to the most recent rig count report from Baker Hughes, total US rig count is +16 for the last week.

Total of +8 oil rigs, +8 gas rigs and no change in miscellaneous rigs, bringing the total count of active oil and gas rigs to 901, from 885 previous week.

According to the most recent report from Baker Hughes, there were +8 oil rigs (total oil rig count 720, 18th successive weekly increase), +8 for gas rigs (180 in total) and no change in ‘miscellaneous’ rigs (1 in total), making it a total of +16 rigs in the USA last week. It’s 28th out of 29 last weeks that new oil rigs are added to the tally.

Previous week

Last week’s rig count was plus 8, you can check our report here.

Related:  Weekly Rig Count Report - US Rig Down By 4

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