U.S. rig count adds one as Permian picks up


According to the Baker Hughes league, the Perm basin has helped prevent further declines in US oil and equipment numbers this week.

For the first time in seven weeks, the number of active oil and gas rigs did not decrease. The United States added a total of two oil rigs and lost one gas rig, adding a total of one league. This results in a total of 856 nationwide, more than 200 leagues compared to the same week last year.

The Permian Basin has helped to offset the decline nationwide by adding six of the most active rigs in the West Texas oilfield for the week since April.

Related: Ominous Signs for Crude Oil Prices

The number of active oil and gas rigs in the U.S. dropped by 2019. Companies were shut down due to a drop in oil prices due to the global economic slowdown and excavation due to Wall Street's decline in the meeting. Oil exploration and production.


More: Read the latest oil and gas news at HoustonChronicle.com.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top