US drilling activity remains stable at 603 total rigs, as a slight uptick in oil rig counts to 462 is balanced by a corresponding drop in natural gas drilling operations.
Baker Hughes published the weekly rig count data, but the article does not discuss its financial performance.
Oil rig count rose by 2 to 462, indicating a slight increase in drilling activity but overall rig count unchanged.
Gas rig count fell by 2 to 130, showing a slight decrease in gas drilling activity.
The total US active drilling rig count remained unchanged at 603 this week, according to the latest Baker Hughes data. While oil-directed drilling activity saw a modest increase of two rigs to reach 462, this gain was offset by a decline of two rigs in the natural gas sector, which now sits at 130.
The total number of active drilling rigs in the US is 603, reflecting a stable trend with minor shifts between oil and gas sectors.