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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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Latest Release
Apr 16, 2021
Actual
344
Previous
337
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.
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Currency: USD
Source: Baker Hughes
U.S. Baker Hughes Oil Rig Count
 
Release Date Time Actual Forecast Previous
Apr 23, 2021 13:00     337
Apr 16, 2021 13:00 344   337
Apr 09, 2021 13:00 337   337
Apr 01, 2021 13:00 337   324
Mar 26, 2021 13:00 324   318
Mar 19, 2021 13:00 318   309

News

Crude Oil Prices Dip on Profit-Taking After Strong Week
Crude Oil Prices Dip on Profit-Taking After Strong Week By Investing.com - Apr 16, 2021 3

By Geoffrey Smith  Investing.com -- Crude oil prices fell on Friday but stayed comfortably above $60 a barrel, the market apparently settling into a new range on the back of strong economic numbers...

Analysis

Abhishek Bansal
Crude Oil Prices Continue Positive Moves By Abhishek Bansal - 3 hours ago

Positive economic data from the US and China are likely to support energy demand and that is bullish for crude oil prices. WTI crude oil prices were trading above $63.21, sharply higher from the...

U.S. Baker Hughes Oil Rig Count Discussion

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All Comments (29)
jonathon little
jonathon little Jun 27, 2020 10:00AM ET
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why is this count 188 and the baker huges website is 265 ????
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Krazi Henry
Krazi Henry Jun 12, 2020 8:13PM ET
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"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.
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Wesley Holley
Wesley Holley Oct 11, 2019 4:24PM ET
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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
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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?
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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.
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Do Deikins
DoRight Jul 26, 2019 2:40PM ET
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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!
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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
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Matt HH
Matt HH Jun 29, 2018 11:53AM ET
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where can i see the oil rig count?
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Enrico Delfini
Enrico Delfini Jun 29, 2018 11:53AM ET
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https://www.investing.com/economic-calendar/baker-hughes-u.s.-rig-count-1652
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Salman Khan
Salman Khan Apr 06, 2018 1:02PM ET
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cmon ***
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Max Tor
Max Tor Jan 05, 2018 2:12PM ET
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how does this affect the dollar
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환장법사 Jang
환장법사 Jang Nov 21, 2017 6:52PM ET
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This is a fake data.
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Jay Khaye
Jay Khaye Nov 21, 2017 6:52PM ET
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Your likely right, its all fake.
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