Friday, April 24, 2020

Baker Hughes Rig Count - April 24 2020

US Rig count declined for the 6th week in a row, dropping 64 rigs in the last week. The Permian Basin lost the most rigs, dropped 37 rigs this week. Since March 13, the Permian has lost 172 rigs, a 42% drop in activity.

Baker Rig Count April 24 2020 (Source Baker Hughes)

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