{"id":6457,"date":"2019-10-04T22:11:54","date_gmt":"2019-10-04T17:11:54","guid":{"rendered":"http:\/\/umang.pk\/2019\/10\/u-s-oil-and-gas-rig-count-falls-again\/"},"modified":"2019-10-04T22:11:54","modified_gmt":"2019-10-04T17:11:54","slug":"u-s-oil-and-gas-rig-count-falls-again","status":"publish","type":"post","link":"https:\/\/umang.pk\/en_us\/2019\/10\/04\/u-s-oil-and-gas-rig-count-falls-again\/","title":{"rendered":"U.S. oil and gas rig count falls again"},"content":{"rendered":"
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    Wednesday, September 14, 2016 Diamond back energy oil rigs for oil and gas outside of Midland.<\/p>\n<\/div>\n

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    Wednesday, September 14, 2016 Diamond back energy oil rigs for oil and gas outside of Midland.<\/p>\n<\/div>\n

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    \n Photos: Michael Ciaglo, Photographer \/ Houston Chronicle
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      \n Photos: Michael Ciaglo, Photographer \/ Houston Chronicle
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      Wednesday, September 14, 2016 Diamond back energy oil rigs for oil and gas outside of Midland.<\/p>\n<\/div>\n

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      Wednesday, September 14, 2016 Diamond back energy oil rigs for oil and gas outside of Midland.<\/p>\n<\/div>\n


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      \n Photos: Michael Ciaglo, Photographer \/ Houston Chronicle
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      US oil and gas rigs decline again<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n

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      The slowdown in energy has forced producers to pull the league back, reducing the number of active oil and gas drilling rigs across the country for seven consecutive weeks.<\/p>\n

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      The U.S. launched 855 oil and gas rigs this week and has been the lowest since A.[Ro;BakerHughesNorthAmericareducedthenumberofleaguesin2017byfivetimesoverlastweek[ro;2017anddownbyfivefromlastweekaccordingtotheBakerHughesNorthAmericarigcount[ro;BakerHughesNorthAmerica\uc758\ub9ac\uadf8\uc218\uc5d0\ub530\ub974\uba74\uc9c0\ub09c\uc8fc\uc5d0\ube44\ud5742017\ub1445\ubc30\uac10\uc18c\ud588\uc2b5\ub2c8\ub2e4[ro;2017anddownbyfivefromlastweekaccordingtotheBakerHughesNorthAmericarigcount<\/p>\n

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      Texas led the decline again, taking the net four leagues out of service. Oklahoma picked three. New Mexico, meanwhile, added four more leagues this week.<\/p>\n

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      Last week: Texas oil and gas sector contract as league numbers decreased<\/strong><\/p>\n

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      Texas oil and gas activity has declined in recent quarters as the sector continues to strengthen in the midst of slowing across the industry. A survey of energy executives at the Federal Reserve Bank of Dallas shows that measures of business activity in the energy sector indicate contractions.<\/p>\n

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      Texas has a lion's share of oil and gas activity in 414 leagues, nearly half of the United States this week.<\/p>\n

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      More: Read the latest oil and gas news at HoustonChronicle.com.<\/strong><\/p>\n

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