The number of operating oil and gas drilling rigs in the United States has decreased

2022-10-10T09:52:08+03:00

2022-10-10T09:52:08+03:00

2022-10-10T09:52:08+03:00

2022

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The number of operating oil and gas drilling rigs in the United States has decreased

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. The number of operating oil and gas drilling rigs in the United States decreased for the first time in the last 4 weeks, despite the rise in oil prices to five-week highs amid the decision… PRIME, 10.10.2022

oil, energy, economics, news, gas, usa, oil production, gas production, drilling rigs

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The number of operating oil and gas drilling rigs in the United States has decreased

Exploration drilling rig in Texas, USAExploration drilling rig in Texas, USA

Exploration drilling rig in Texas, USA

© flickr.com/ Imahornfan

MOSCOW, 10 Oct — PRIME. The number of active oil and gas drilling rigs in the United States fell for the first time in the last 4 weeks, despite the rise in oil prices to five-week highs amid the decision of OPEC + to cut production. This was reported by Reuters on Friday, citing oilfield services company Baker Hughes.

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The number of active oil and gas rigs, a production leading indicator, fell 3 units to 762 units in the week of October 1-7, according to Baker Hughes, the lowest since early September.

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The number of oil drilling rigs in the reporting week decreased by 2 units, to 602 units. The number of gas drilling rigs decreased by 1 unit to 158 units.

In the third quarter, the number of oil and gas drilling rigs increased for the 8th quarter in a row, an increase of 12 units. However, this is the smallest quarterly increase since September 2020.


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