U.S. Oil Drilling Activity Retreats For Second Week In A Row ...Middle East

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The total number of total active drilling rigs in the United States fell by 7 this week, according to new data from Baker Hughes published on Friday. The total rig count fell to 753 this week—103 rigs higher than the rig count this time in 2022 and 322 rigs lower than the rig count at the beginning of 2019, prior to the pandemic. Oil rigs in the United States decreased by 7 this week, to 600 after decreasing by 2 in the week prior. Gas rigs stayed the same at 151. Miscellaneous rigs stayed the same at 2. The rig count in the Permian Basin…

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