• Dave Boyer

Baker Hughes weekly rig report Thursday 5/15/2020

All US Rigs 339 (-35)

US Horizontal Rigs 307 (-31)

US Hz Gas Rigs 72 (-)

US Hz Oil Rigs 235 (-31)

This week’s report shows the lowest number of horizontal oil rigs and total horizontal rigs since Baker Hughes has released detailed rig data in 2011.

The reduction in oil rigs continued this week, as horizontal oil rigs lost 31. Horizontal gas rigs remained steady with 72 active rigs.

The county with the biggest change this week was Lea Co., NM dropping 8 horizontal rigs to a total of 24 active rigs.

Weekly map and charts are now interactive. To use the visualizations visit https://www.mudrockenergy.com/rig-update






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