The total number of active drilling rigs in the United States fell by 5 again this week, according to new data from Baker Hughes published Friday. The total rig count fell to 654 this week. So far this year, Baker Hughes has estimated a loss of 125 active drilling rigs. This week’s count is 421 fewer rigs than the rig count at the beginning of 2019 prior to the pandemic. The number of oil rigs stayed the same this week at 525, down by 96 so far in 2023. The number of gas rigs fell by 5 to 123, a loss of 33 active gas rigs from the start of…
