Baker Hughes US rig count down 2 to 616
Second week in a row of declines, with largest drops in Louisiana, down 3 and Texas, down 2; single rig gains in four states
Kristen Nelson Petroleum News
The Baker Hughes' U.S. rotary drilling rig count was 616 for the week ending Nov. 10, down by two rigs from the previous week, and down by 163 from 779 a year ago. The rig count has decreased in five of the last eight weeks, continuing a downward trend dominant since the beginning of May.
A drop of....
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