US rotary rig count drops again, down by 9
Week of May 29 4th week in a row of decreases; steepest, down 17 rigs, reported May 12; 6 states down this week, while only 2 up Kristen Nelson Petroleum News
The Baker Hughes' U.S. rotary drilling rig count was down by nine to 711 the week ending May 26, from 720 on May 19. The steepest recent drop was 17 on May 12, the steepest drop since June of 2020. The May 26 count is down by 16 from a count of 727 for the same period a year ago, and the lowest the....
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