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20 Sep
18:47

US rigs fall by 18, Canada down 15

Both the US and Canadian rig counts fell by double-digits in the week ended 20 September, Kallanish learns from energy services company Baker Hughes. The US rig count fell by 18 to 868, down 185 from last year. Rigs geared for oil production fell by 14, while rigs geared for gas production fell by five. The US also gained one rig classified as miscellaneous. Oklahoma led the notable net losses by state with 10, followed by Texas with seven. The lone gains …
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