General Category > Energy
Baker-Hughes North America Rig Count
Smokin Joe:
https://rigcount.bhge.com/static-files/521d7fe5-0796-4eb6-a256-fddd018ece0d
Down six from June 7 to June 14, current US rig count at 969, including US offshore.
Smokin Joe:
North America at 705 (1093 1 year ago)
More info here: https://rigcount.bakerhughes.com/na-rig-count
Hoodat:
Our drilling (GOM) is shut down for now, but it is virus-related, not price-related.
Smokin Joe:
--- Quote from: Hoodat on April 06, 2020, 07:56:45 am ---Our drilling (GOM) is shut down for now, but it is virus-related, not price-related.
--- End quote ---
CAPEX shifts into the Williston Basin which were set before the price crash were revised downwards, some severely. Rigs in operation are finishing up their pads, but I am not sure how many of them will be stacked. The virus is small concern compared to the price, here.
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