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Baker Hughes US oil rig count -4

Baker Hughes US oil rig count -4

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By Adam Button
14/06/2024 | 17:06 GMT
  • Weekly US oil and gas drilling rigs
baker hughes
  • Oil -4 to 488
  • Natural gas unchanged at 98

Oil drilling rigs have steadily declined in the past year, though that's offset somewhat by longer laterals. It bodes poorly for US production growth late this year and into 2025.

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