Baker Hughes Rig Count Updates: Analyzing the Latest Data on Oil and Gas Rigs

Friday, 16 February 2024, 18:03

The latest Baker Hughes rig count data shows a decrease of 2 rigs this week, with oil rigs down by 2 to 497 and gas rigs remaining unchanged at 121. The total rig count is now at 621 rigs. Meanwhile, crude oil prices are on the rise, trading at $78.13, showing a 0.68% increase.

Baker Hughes Rig Count Update

Baker Hughes rig count.

  • Oil rigs: -2 at 497 rigs
  • Gas rigs: unchanged at 121 rigs
  • Total rigs: -2 at 621 rigs

Crude oil is trading at $78.13, up $0.53 or 0.68%.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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