Breaking News
Get Actionable Insights with InvestingPro+: Start 7 Day FREE Trial Register here
Quotes
All Instrument Types
  • All Instrument Types
  • Indices
  • Equities
  • ETFs
  • Funds
  • Commodities
  • Currencies
  • Crypto
  • Bonds
  • Certificates

Please try another search

Search website for: 
Popular News
More
Popular Analysis
More
More
/Free Sign Up
 Investing Pro 0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

U.S. Baker Hughes Oil Rig Count

Create Alert
Create Alert
New!
Create Alert
Website
  • As an alert notification
  • To use this feature, make sure you are signed-in to your account
Mobile App
  • To use this feature, make sure you are signed-in to your account
  • Make sure you are signed-in with the same user profile

U.S. Baker Hughes Oil Rig Count

Frequency

Delivery Method

Website popup

Mobile App notifications

Status

Create Manage my alerts 
Back
 
Add to Calendar
 
Latest Release
May 13, 2022
Actual
563
Previous
557
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
May 20, 2022 13:00     563
May 13, 2022 13:00 563   557
May 06, 2022 13:00 557   552
Apr 29, 2022 13:00 552   549
Apr 22, 2022 13:00 549   548
Apr 14, 2022 13:00 548   546

News

Crude Oil Edges Higher; Chinese COVID Restrictions in Focus
Crude Oil Edges Higher; Chinese COVID Restrictions in Focus By Investing.com - May 17, 2022

By Peter Nurse    Investing.com -- Oil prices traded higher Tuesday, climbing to the highest levels in seven weeks, on hopes that China’s COVID lockdowns could soon be lifted, boosting demand from the...

Crude Oil Higher; First Losing Week in Three Looms
Crude Oil Higher; First Losing Week in Three Looms By Investing.com - May 13, 2022 2

By Peter Nurse    Investing.com -- Oil prices gained Friday, but are still on course to register their first weekly loss in three weeks on concerns that global demand will be hit by subdued economic...

Analysis

ING Economic and Financial Analysis
The Commodities Feed: Wheat Jumps After India Restricts Exports By ING Economic and Financial Analysis - May 16, 2022

Energy ICE Brent started the week on a soft note as weaker economic data from China weighed on sentiment, with COVID-related lockdowns slowing economic activity and crude oil demand. Meanwhile, the...

OilPrice.com
Gasoline Prices May Have Finally Peaked By OilPrice.com - May 10, 2022

By Robert Rapier Russia’s invasion of Ukraine sparked a significant increase in oil prices, and by extension, gasoline prices. As summer nears, refiners are switching over to more expensive...

U.S. Baker Hughes Oil Rig Count Discussion

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

I Agree
Write your thoughts here
 
Are you sure you want to delete this chart?
Delete Cancel
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
Replace Cancel
1000
Comment Guidelines
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
All Comments (29)
jonathon little
jonathon little Jun 27, 2020 10:00AM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
why is this count 188 and the baker huges website is 265 ????
Reply
1 0
Report
Lyle Stavast
Lyle Stavast Jun 27, 2020 10:00AM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
they report on oil rigs vs gas rigs - the intended product the well is going after.  This count was for oil rigs.  Basically you have to have a drilling rig on site and turning a bit to get counted...  it's not light re-work rigs and the like, it's about new, cased holed work...
Reply
0 0
Report
Krazi Henry
Krazi Henry Jun 12, 2020 8:13PM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
"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." This description is grossly misleading, the opposite is true. Oil rigs are for producing oil, it is an indicator of supply.
Reply
0 2
Report
Wesley Holley
Wesley Holley Oct 11, 2019 4:24PM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
I've owned a domain name for many years that I was going to develop into an oil and gas portal and have decided to sell the domain RIGCOUNT.COM
Reply
0 3
Report
Jay Khaye
Jay Khaye Jul 26, 2019 2:44PM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
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?
Reply
1 0
Report
Jay Khaye
Jay Khaye Jul 26, 2019 2:40PM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
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.
Reply
3 0
Report
Do Deikins
DoRight Jul 26, 2019 2:40PM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
How can initial production be flat or declining?  That means production from a well is zero or negative? So that's where all that extra storage volume came from!  Whoop!
Reply
0 0
Report
Kgr rigs
Kgr rigs Apr 05, 2019 6:17AM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
such an astonishing blog I ever come across. it is very useful, thanks for posting.. http://www.kgrrigs.com
Reply
0 0
Report
Matt HH
Matt HH Jun 29, 2018 11:53AM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
where can i see the oil rig count?
Reply
1 0
Report
Enrico Delfini
Enrico Delfini Jun 29, 2018 11:53AM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
https://www.investing.com/economic-calendar/baker-hughes-u.s.-rig-count-1652
Reply
1 0
Report
Salman Khan
Salman Khan Apr 06, 2018 1:02PM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
cmon ***
Reply
0 0
Report
Max Tor
Max Tor Jan 05, 2018 2:12PM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
how does this affect the dollar
Reply
1 1
Report
환장법사 Jang
환장법사 Jang Nov 21, 2017 6:52PM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
This is a fake data.
Reply
2 1
Report
Jay Khaye
Jay Khaye Nov 21, 2017 6:52PM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
Your likely right, its all fake.
Reply
0 0
Report
 
Are you sure you want to delete this chart?
Delete Cancel
 
Post
 
Replace the attached chart with a new chart ?
Replace Cancel
1000
Comment Guidelines
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Cancel Attach
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Confirm Block Cancel
Ok
Report this comment

I feel that this comment is:

Submit
Comment flagged

Thank You!

Your report has been sent to our moderators for review
Close
Continue with Google
or
Sign up with Email