Trade Resources Industry Views Baker Hughes Reported That for The Week Ending March 1,The US Rig Count Fell by 4 to 1,757

Baker Hughes Reported That for The Week Ending March 1,The US Rig Count Fell by 4 to 1,757

Baker Hughes reported Friday that for the week ending March 1, the US rig count fell by four to 1,757, following a one-rig increase the week prior. During the past week, 1,333 rigs explored for oil, up four from last week while the gas-directed rig count dropped by 8 to 420.

Canada's rig count decreased by seven to 655, and compared to last year, the rig count is down by 26.

Source: http://www.steelorbis.com/steel-news/latest-news/us-and-canadian-rig-counts-drop-slightly-744157.htm
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US and Canadian Rig Counts Drop Slightly
Topics: Metallurgy