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Number of active U.S. drilling rigs down this week

Sep 03, 2022

Houston [US], September 3: The number of active drilling rigs in the United States fell to 760 this week, down by five from the previous week and 263 from this time last year, according to the weekly data released Friday by Houston-based oilfield services company Baker Hughes.
These active drilling rigs included 596 oil rigs operating in U.S. oil fields, down by nine from the previous week; 162 gas drilling rigs, up by four from last week; and two miscellaneous rigs, the same as last week.
The rigs included 741 land drilling rigs, three inland water drilling rigs, and 16 offshore drilling rigs.
Of them, 39 were directional drilling rigs, 695 were horizontal drilling rigs and 26 were vertical drilling rigs.
So far, the Permian Basin in western Texas and eastern New Mexico has been the largest source of shale oil production growth in the United States, having become an engine of supply growth outside the Organization of the Petroleum Exporting Countries in the past years.
Source: Xinhua