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Crude Oil

US Rig Count Falls for Third Straight Week as Oil Rigs Decline

172 Views07 Oct 2024 21:07
For the week ending 04/Oct, the US rig count fell by 2 to 585. Oil rigs dropped by 5, while gas rigs rose by 3 again.US oil and gas producers added two rigs in Texas but cut three in New Mexico.
What is covered in the Full Insight:
  • Introduction
  • Weekly Rig Count Overview
  • Geographical Changes in Rig Count
  • Production Trends and Statistics
  • Outlook and Conclusion
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