Baker Hughes Weekly US Land Rig Count - July 2 2020

The Baker Hughes Weekly Rig Count showed that the US Land rig count was 251 rigs this week, down 3 rigs from the previous week. After a very brief slow down in the reduction of the rigs, the Permain basin led the losses this week, losing 5 rigs. The ArkLaTex and Powder River Basin each added one rig.

Figure 1: Baker Hughes US Land Weekly Rig Count - July 2 2020
(Source: Baker Hughes)

Table 1: Baker Hughes US Land Weekly Rig Count - July 2 2020
(Source: Baker Hughes)