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US Oil Rig Count Falls By 12

2019-08-30 19:22:52| OGI

Drillers cut 12 oil rigs in the week to Aug. 30, bringing down the total count to 742, the lowest since early January 2018, Baker Hughes, a GE company, said in its weekly report.

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US Oil Rig Count Falls By 16

2019-08-23 19:38:59| OGI

U.S. energy firms this week cut the most oil rigs in about four months, with the rig count falling to the lowest since January 2018, as producers cut spending on new drilling and completions.

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US Oil Rig Count Drops For Second Consecutive Week

2019-07-12 19:11:09| OGI

U.S. energy firms this week reduced the number of oil rigs operating for a second week in a row as drillers follow through on plans to cut spending this year.

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US Oil Rig Count Falls By Five

2019-07-03 19:14:35| OGI

The rig count, an early indicator of future output, declined over the past seven months as independent E&P companies cut spending on new drilling as they focus more on earnings growth instead of increased output.

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US Oil Rig Count Rises For Second Consecutive Week

2019-06-28 19:31:21| OGI

Companies added four oil rigs in the week to June 28, bringing the total count to 793, Baker Hughes, a GE company, said in its weekly report. That compares with 858 rigs operating during the same week a year ago.

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