Oklahoma Rig Activity Holds Steady as U.S. Sees Sharper Declines Oklahoma’s oil and gas activity held mostly steady in the latest Baker Hughes rig count, showing only a minimal shift even as several major U.S. basins experienced notable declines. Oklahoma Play-by-Play Oklahoma recorded 41 active rigs, down by just one from the previous week. Even …
Tag: U.S. Rig Count
Rig count dropped nationally but was unchanged in Oklahoma
The U.S. Rig Count fell by four in the past week, leaving 546 active oil and gas rigs still breaking the plains of energy-producing states, reported Baker Hughes Co. on Friday. The weekly rig count remains one of the most closely-watched indicators in energy markets because of how drilling levels shape future supply exposure. Every …