oil rig info for week US Oil Rig Count Rises by Six This Week, Baker Hughes Says
03:24 PM EDT, 11/05/2021 (MT Newswires) -- The number of oil rigs operating in the US rose by six this week, according to data compiled by energy-services firm Baker Hughes (BKR).
The count ended at 450 in the seven days through Friday, Baker Hughes said. A year earlier, the US had 226 oil rigs in operation.
West Texas Intermediate futures surged 3.3% to $81.41 a barrel while international benchmark Brent jumped 2.7% to $82.71 a barrel.
Oil and gas rigs in the US rose by six to 550. Gas was unchanged at 100 rigs, the Houston-based company's data showed. In the same period of 2020, there were 71 gas rigs and three miscellaneous rigs in operation. Overall, there were 300 rigs operating a year ago.
Across North America, oil and gas equipment was unchanged at 710, up from 386 at the same point last year. In Canada, the count down by six to 160, compared with 86 operating during the same period last year. Canada's oil rig count fell by three to 95 while gas fell by three to 65.
Among US states, top producer Texas added four rigs. Louisiana, Oklahoma, and Pennsylvania gained one rig while New Mexico lost one.