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U.S. Rig Count Drops to Lowest Level in Two Years

2015-01-26 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Fuel Fix: Crude oil producers set aside another 49 oil rigs over the last week and brought the number of rigs looking for oil to its lowest level in two years, according to oil service company Baker Hughes weekly count. The total number of onshore and offshore rigs pursuing oil and gas fell by 43 to 1,633. Rigs after oil fell by 49 to 1,317, and rigs pursuing natural gas rose by six to 316. Offshore rigs were unchanged from last week at 54. Since last summer, crude price have collapsed to less than...

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US rig count falls by 43 to 1,633

2015-01-23 20:53:15| Oil & Gas - Topix.net

Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. fell by 43 this week to 1,633. The Houston firm said Friday in its weekly report 1,317 rigs were exploring for oil and 316 for gas.

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US rig count plunges by 74 to 1,676

2015-01-16 21:16:11| Oil & Gas - Topix.net

Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. tumbled by 74 this week to 1,676. The Houston firm said Friday in its weekly report 1,366 rigs were exploring for oil and 310 for gas.

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US rig count tumbles by 61 to 1,750

2015-01-09 20:49:31| Oil & Gas - Topix.net

Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. plummeted by 61 this week to 1,750. The Houston firm said Friday in its weekly report 1,421 rigs were exploring for oil and 329 for gas.

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US rig count tumbles by 29 to 1,811

2015-01-05 21:57:00| Oil & Gas - Topix.net

Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. plummeted by 29 last week to 1,811. The Houston firm said Monday in its weekly report that 1,482 rigs were exploring for oil and 328 for gas.

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