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Tag Archives: Baker Hughes

US rig count one away from historic low

The U.S. drilling rig count is one away from the bottom recorded in 1999. (Image courtesy of Encana Corp)

HOUSTON (AP) — Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by 13 this week to 489, a near record low. The Houston company said Friday that 392 rigs sought oil and 97 explored for natural gas amid depressed energy prices. A year ago, 1,192 rigs were ...

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Number of US rigs down to 502; Texas down 5

Number of US rigs drops to 502; Texas down 5

HOUSTON (AP) – Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by 12 this week to 502. The Houston company said Friday that 400 rigs sought oil and 102 explored for natural gas amid depressed energy prices. A year ago, 1,267 rigs were active. Among major oil- ...

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Rig count down 27 to 514; Texas drops 12

US rig count drops 27 this week to 514; Texas down 12

HOUSTON (AP) — Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by 27 this week to 514. The Houston company said Friday 413 rigs sought oil and 101 explored for natural gas amid depressed energy prices. A year ago, 1,310 rigs were active. Among major oil- and ...

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US rig count drops 27 this week to 514; Texas down 12

HOUSTON (AP) — Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by 27 this week to 514. The Houston company said Friday 413 rigs sought oil and 101 explored for natural gas amid depressedenergy prices. A year ago, 1,310 rigs were active. Among major oil- and gas-producing ...

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US rig count drops 30 last week to 541; Texas down 14

HOUSTON — Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by 30 last week to 541. The Houston company said Friday 439 rigs sought oil and 102 explored for natural gas amid depressed energy prices. A year ago, 1,358 rigs were active. Among major oil- and gas-producing ...

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US rig count drops 48 this week to 571; Texas down 19

HOUSTON (AP) — Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by 48 this week to 571. The Houston firm said Friday 467 rigs sought oil and 104 explored for natural gas amid depressed energy prices. A year ago, 1,456 rigs were active. Among major oil- and ...

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US rig count down 18 this week to 619; Texas down 13

oil derrick

HOUSTON — Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by 18 this week to 619. The Houston firm said Friday 498 rigs sought oil and 121 explored for natural gas amid depressed energy prices. A year ago, 1,543 rigs were active. Among major oil- and gas-producing ...

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US rig count down 13 last week to 637

HOUSTON — Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by 13 last week to 637. The Houston firm said Friday 510 rigs sought oil and 127 explored for natural gas amid depressed energy prices. A year ago, 1,633 rigs were active. Among major oil- and gas-producing states, ...

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Gas, oil rigs down as Texas takes hit

Texas down 10 in weekly rig count

The number of active rigs searching for oil and gas in the United States dropped down 14 from last week for a total of 650 rigs. Texas saw the steepest decline, as seven rigs shut down, according to oilfield service company Baker Hughes. Just one oil rig shut down as crude oil prices continue to slump. The total number of ...

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US rig count down 2 this week to 698, PA up one

natural gas drilling rig

HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by two this week to 698. The Houston firm said Thursday 536 rigs sought oil and 162 explored for natural gas amid depressed energy prices. A year ago, 1,811 rigs were active. Among major oil- and gas-producing states, ...

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