16
Aug
19:51
US drops two rigs, Canada flat on-week
The number of active oil and gas rigs in the US has decreased by two week-on-week, whilst Canada's count is unchanged, Kallanish learns from oil services company Baker Hughes.
The US rig count decreased to 586 for the week ended 16 August, 56 fewer units than in the equivalent week of 2023. Within the current US tally, 483 are oil rigs and 98 are for gas, with five categorised as miscellaneous.
Texas dropped three active rigs and Ohio lost one. Oklahoma was t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous