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U.S. Drilling Activity Slips Further As Market Volatility Remains

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Rig Count Notícia

US,Oil,Rig Count

The total number of active drilling rigs for oil and gas in the United States fell again this week, according to new data that Baker Hughes published on Friday

, after falling in the week prior. The total rig count fell by a single rig for the second week in a row, landing at 583 total rigs, according to Baker Hughes, down by nearly 7% from this same time last year. The number of oil rigs rose by one this week to 479down by 26 compared to this time last year. The number of gas rigs fell by two rigs, landing at 99, a loss of 17 active gas rigs from this time last year. Miscellaneous stayed the same at 5. Meanwhile, U.S.

Primary Vision's Frac Spread Count, an estimate of the number of crews completing wells that are unfinished, fell again in the week ending November 15, from 227 to 222down 14 from the beginning of the year. Drilling activity in the Permian stayed at 303a figure that is 11 fewer than this same time last year. The count in the Eagle Ford also stayed the same at 48. Rigs in the Eagle Ford are now just 2 below where they were this time last year.

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