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Update: US Active Rig Count Rises by 3, Baker Hughes Says

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(Updates with additional details.)

The combined count of crude oil, natural gas, and miscellaneous rigs in the US rose by three to 551 in the week ending May 15, according to data from Baker Hughes (BKR) released Friday.

The US oil rig count rose by five from 410 the previous week to 415, while the number of gas rigs dropped by one from 129 the previous week to 128.

The number of miscellaneous rigs in the US dropped by one from 9 the previous week to 8, the data revealed. The US had 465 oil, 108 gas, and three miscellaneous rigs in operation a year earlier.

The consolidated North American oil and gas rig count, a key early indicator of future production levels, rose by three to 675 from 672 the previous week.

Price: $64.72, Change: $+0.11, Percent Change: +0.17%

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Commodities

US Active Rig Count Rises by 3, Baker Hughes Says

The combined count of crude oil, natural gas, and miscellaneous rigs in the US rose by three to 551 in the week ending May 15, according to data from Baker Hughes (BKR) released Friday.The US oil rig count rose by five from 410 the previous week to 415, while the number of gas rigs dropped by one from 129 the previous week to 128.Price: $64.72, Change: $+0.11, Percent Change: +0.16%

$BKR
Commodities

US Active Rig Count Rises by 3, Baker Hughes (BKR) Says

Price: $64.72, Change: $+0.11, Percent Change: +0.16%

$BKR
Commodities

EMEA Natural Gas Update: Futures Surge as Supply Risks, Weather Outlook Support Market

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