Tag: oil rigs
U.S drillers add oil rigs for second consecutive week
U.S. energy companies added oil rigs for a second week in a row as crude prices hover near three year highs. This has lead oil drillers to boost spending plans for the rest of this year.
U.S. Oil Rig Count Rises for Fifth Straight Week
General Electric Co's Baker Hughes energy services firm has reported that during the week of Feb. 23, 2018, the U.S.
US oil drillers add rigs for 5th week in a row
US drillers have added oil rigs for a fifth consecutive week, according to Baker Hughes Inc. Drillers added three oil rigs in the week to July 29, bringing the total rig count up to 374, compared with 664 a year ago, according to the recent Baker Hughes weekly report.