Baker Hughes

Weekly Rig Count from Baker Hughes Show U.S Rigs Add for a Second Consecutive Week

Weekly Rig Count from Baker Hughes Show U.S Rigs Add for a Second Consecutive Week

This week's rig count report from Baker Hughes shows the number of rigs drilling for oil and gas in the U. S. reached 414. That's a spike of six rigs compared to last week. It indicates some positive note from the oil and gas industry as price rises.

Baker Hughes Rig Count Show Further Drop in Numbers in the U.S for Nine Consecutive Weeks

Baker Hughes U.S rig counts are still dropping.

 On Friday, data revealed by Baker Hughes showed that there was a further cut in rig numbers this week marking a drop for nine consecutive weeks. The low crude oil prices are keeping the U.S energy firms from adding more numbers.