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
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.
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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