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Tag: Oil rigs

US drilling companies shut down their oil and gas drilling rigs for the second time in three weeks

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US drilling companies shut down their oil and gas drilling rigs for the second time in three weeks

Date 18.08.2024 15:12:33 (MENAFN- Khaleej Times) U.S. energy companies this week shut down production at oil and natural gas rigs for the second time in three weeks, energy services firm Baker Hughes said in its widely watched report on Friday. The number of oil and gas rigs, an early […]

Number of oil and gas drilling rigs in the US falls for the second week

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Number of oil and gas drilling rigs in the US falls for the second week

By Julianne Geiger – August 16, 2024, 12:27 PM CDT The total number of active oil and gas rigs in the U.S. fell by two this week to 586. US crude oil production fell by 100,000 barrels per day in the week ended August 9. Oil prices, including WTI and Brent, fell […]