Sentences with phrase «active rig counts»
Total active rig counts bottomed at 404 during the height of the oil - price collapse in 2016.
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The active rig count fell by one last week to a total of 935.
The total active rig count, fell to 857.
Thankfully, the global active rig count seems to be nearing its nadir after falling for 22 straight weeks.
Not exact matches
The count of active oil rigs fell with prices, but has risen over the past few months, mostly in the Permian.
The count of active oil rigs in the US for the fourth straight week last week and is more than 80 % higher than the low reached in May 2016.
Canada's rig count additions appears to be leveling off, and despite its large swings in the number of active rigs on a weekly basis, has roughly the same number of oil rigs in operation that it had back at the end of July.
What's more, the number of active North American oil rigs fell by two in the week ended June 30, from 758 to 756 rigs, the first such contraction since January, according to the Baker Hughes Rig Count.
According to Baker Hughes Inc., the active U.S. rig count has jumped 85 % from a year ago.
Active oil rig counts continue to fall, and are at their lowest level since August» 99.