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Home > US Oil Rig Count Rises For 4th Consecutive Week - Highest Since April

US Oil Rig Count Rises For 4th Consecutive Week - Highest Since April

By Tyler Durden
Created 08/14/2015 - 12:09
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Submitted by Tyler Durden [1] on 08/14/2015 12:09 -0500



 

While the total rig count remained unchanged at 884, Baker Hughes reported oil rigs rose 2 this week to 672 - its highest since April 2015.  This is the 6th rise in the last 7 weeks. There is little to no reaction in crude prices for now...

  • *OIL RIGS IN PERMIAN BASIN UNCHANGED AT 252: BAKER HUGHES
  • *OIL RIGS IN EAGLE FORD ROSE BY FIVE TO 84: BAKER HUGHES
  • *OIL RIGS IN WILLISTON FELL BY TWO TO 70: BAKER HUGHES
  • *OIL RIGS IN D-J BASIN ROSE BY ONE TO 25: BAKER HUGHES
  • *OIL RIGS IN TEXAS ROSE BY SIX To 389: BAKER HUGHES

 

[4]

 

Charts: Bloomberg

 

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