US rig count drops again while Canadian count maintains uptrend

Friday, 14 June 2019 23:46:34 (GMT+3)   |   San Diego

Baker Hughes has reported that for the week ending June 14, the US rotary rig count decreased by six to 969 rigs following a nine-rig decrease the week before. The number of rigs drilling for gas decreased by five to 181, while the number of rigs drilling for oil decreased by one to 788. The overall rig count is now down by 90 rigs in a year-on-year comparison.

Meanwhile, the Canadian rig count increased by four to 107 rigs in the week ending June 14, following an 18-rig increase the week before. The Canadian rig count is now down by 32 rigs compared to the same week a year ago.

Most Recent Related Articles

Pacific Northwest dock delivered prices for shredder feed scrap

Local Turkish rebar spot prices stable except in Izmir region

Egyptian and Emirati wire rod in demand in Saudi Arabia

Ship scrap prices fall in Turkey’s Izmir region

Turkey's coking coal imports down 0.9 percent in January-November