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U.S. Baker Hughes Oil Rig Count

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U.S. Baker Hughes Oil Rig Count

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Delivery Method

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Status

 
Latest Release
Sep 20, 2019
Actual
719
Previous
733
The Baker Hughes rig count is an important business barometer for the oil drilling industry. When drilling rigs are active they consume products and services produced by the oil service industry. The active rig count acts as a leading indicator of demand for oil products.
Importance:
Country:
Currency: USD
Source: Baker Hughes
U.S. Baker Hughes Oil Rig Count
 
Release Date Time Actual Forecast Previous
Sep 27, 2019 13:00     719
Sep 20, 2019 13:00 719   733
Sep 13, 2019 13:00 733   738
Sep 06, 2019 13:00 738   742
Aug 30, 2019 13:00 742   754
Aug 23, 2019 13:00 754   770

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U.S. Baker Hughes Oil Rig Count Discussion

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All Comments (34)
Jay Khaye
Jay Khaye Jul 26, 2019 2:44PM ET
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Why do you people think drilling rigs in Texas, North Dakota, Colorado or else where would be shut down due to a tropical storm in the Gulf off Louisiana?
Jay Khaye
Jay Khaye Jul 26, 2019 2:40PM ET
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Oil rig count declining.  Production decline rates increasing, requiring more drilling to sustain production.  Operators under reporting active wells.  Initial production from wells flat or declining due to well interference.  But the Good Ol' Boys at EIA are saying production is increasing.  LMAO.
Kgr rigs
Kgr rigs Apr 05, 2019 6:17AM ET
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such an astonishing blog I ever come across. it is very useful, thanks for posting..http://www.kgrrigs.com
Matt HH
Matt HH Jun 29, 2018 11:53AM ET
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where can i see the oil rig count?
Enrico Delfini
Enrico Delfini Jun 29, 2018 11:53AM ET
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Salman Khan
Salman Khan Apr 06, 2018 1:02PM ET
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cmon ***
Max Tor
Max Tor Jan 05, 2018 2:12PM ET
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how does this affect the dollar
환장법사 Jang
환장법사 Jang Nov 21, 2017 6:52PM ET
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This is a fake data.
Jay Khaye
Jay Khaye Nov 21, 2017 6:52PM ET
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Your likely right, its all fake.
환장법사 Jang
환장법사 Jang Nov 06, 2017 2:23AM ET
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I can not believe this announcement. r.Oil prices have risen, but Oil Rig Count has dropped significantly. r.It seems to be a manipulated figure. r.Audit progress is required.
Max Tor
Max Tor Nov 06, 2017 2:23AM ET
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i would think that is why prices have rose. Invers relationship prices /oil count rigs .... ???
Darryl Parvin
Darryl Parvin Sep 07, 2017 9:26AM ET
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The number is bogus. No count was done due to hurricane. That's why it's the same as last week..Even without hurricane, number was probably going to fall slightly so next report will sow 2x decrease. Bet accordingly, gentlemen.
Chuck Isbell
ChipVa Sep 01, 2017 1:06PM ET
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not meaningful....no one is at work
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