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16 Feb
21:45

US rig count declines by 2, Canada gains

The number of active oil and gas rigs in the US has declined by two week-on-week, while Canada gained two, Kallanish learns from oil services company Baker Hughes. The US rig count dropped to 621 for the week ended 16 February. Of that total, 497 rigs are for oil and 121 are for gas. Three rigs are categorised as miscellaneous. The US now has 149 fewer total rigs that it did during the equivalent week of 2023. Texas lost two rigs w-o-w, while Kansas shed one and …
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