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Vol. 25, No.19 Week of May 17, 2020
Providing coverage of Alaska and northern Canada's oil and gas industry


At 374, US rig count sets new record low

Kristen Nelson

Petroleum News

The count of rotary rigs drilling in the U.S., issued weekly by Baker Hughes since 1944, bottomed out the week ending May 8 at 374. The previous low count, 404, was in May 2016. The May 8 count was down 34 from 408 the previous week and down 614 from a year ago. The count continues a recent steep....


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