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rig count

(RJ Sangosti/The Denver Post via Getty Images)

Fitch: More capital budget cuts coming in 2016

The ratings agency’s report gave the oil and gas sector a negative outlook for 2016.
Over thirty oil drilling rigs idling in a Helmerich & Payne, Inc. yard along Groening Street in Odessa, Texas, in the Permian Basin on  May 18, 2015. (Courtney Sacco/Odessa American via AP)

Oil rig count resumes plunge, with Permian among hardest hit

Gains elsewhere in Texas shielded the losses in the Permian Basin, the state’s biggest oil and gas field.
(Spencer Platt/Getty Images)

U.S. oil rig count ticks up after 10 weeks of declines

Oil field operators have pulled back about 65 percent of the rigs that were operating at the peak of the U.S. oil boom in October 2014.
(Photo by Eddie Seal for Bloomberg News)

Oil rigs down six as crude prices resume fall

The most recent Baker Hughes count now puts the current losing streak for rigs at its 10th-straight week.
(Ty Wright/Bloomberg)

Oil rig count plunge returns to double-digits

The total count for oil rigs operating across North America now stands at 578, down from a peak of 1,609 in October 2014.

Nabors CEO: Expect more exits from U.S. oil patch in fourth quarter

The company recently polled 10 of its customers, a group that represents a large chunk of U.S. drillers, and found just two that considered any possibility that they could put more rigs back to work.
(Ty Wright/Bloomberg)

U.S. oil rig count down just one, but Permian sees a sharper pullback

Activity in the Permian has steadily decreased over the last few weeks, with 26 oil rigs shut down since Sept. 18.
(Brett Clanton/Houston Chronicle)

With little drilling, Wyoming oil surge not expected to last

Wyoming’s economy is feeling the effects of drilling rig crews packing up and moving out.

Producers idle more rigs

Oil services company Baker Hughes said Friday the oil rig count fell by 10 to 595.
The 29-week plunge in the oil rig count takes a break

Oil rebounds on largest rig count drop since April

This was the largest week-over-week decrease since April and brings the number of active oil rigs to 614. That’s below the previous low for 2015 set in May, according to the count by oil service firm Baker Hughes.