U.S. Drilling Activity Slips Following Price Slump ...Middle East

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U.S. Drilling Activity Slips Following Price Slump
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The total number of total active drilling rigs in the United States fell by 3 this week, according to new data from Baker Hughes published on Friday. The total rig count fell to 755 this week—82 rigs higher than the rig count this time in 2022 and 320 rigs lower than the rig count at the beginning of 2019, prior to the pandemic. Oil rigs in the United States decreased by 1 this week, to 592. Gas rigs slipped 2 to 160. Miscellaneous rigs stayed the same. The rig count in the Permian Basin fell by 1, partially offsetting last week’s 3-rig…

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