Number Of Active U.S. Drilling Rigs Increases This Week
Umer Jamshaid Published May 29, 2021 | 04:18 PM
The number of active drilling rigs in the United States increased two to 457 rigs this week, up by 156 year on year, according to the weekly data released Friday by Houston-based oilfield services company Baker Hughes
HOUSTON, (APP - UrduPoint / Pakistan Point News - 29th May, 2021 ) :The number of active drilling rigs in the United States increased two to 457 rigs this week, up by 156 year on year, according to the weekly data released Friday by Houston-based oilfield services company Baker Hughes.
These active drilling rigs included 359 oil rigs operating in the U.S. oil fields, up by three from the previous week; 98 gas drilling rigs, down by one from the previous week. There was no miscellaneous rigs, down by one from last week.
The 457 rigs included 442 land drilling rigs, up by two from last week. There was one inland water rig and 14 offshore drilling rigs, both unchanged from last week.
Of them, 27 are directional drilling rigs, 415 are horizontal drilling rigs and 15 are vertical drilling rigs.
During the week, the state of Texas gained the most by four rigs, reaching 218 rigs in total.
By 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, an engine of supply growth outside the Organization of the Petroleum Exporting Countries in the past years.
The United States has been a world important oil producer in the past years with the help of its shale oil production growth. Meanwhile, China continues to be one of the biggest oil consumers of the world.
According to the release from the Chinese National Bureau of Statistics, China's crude oil output grew 3.4 percent year on year to 16.41 million tonnes in April. China imported 40.36 million tonnes of crude oil in the same month, down 0.2 percent year on year.
Related Topics
Recent Stories
PM makes two more appointments in his team
Terrorists of Shangla suicide attack will be brought to justice: Interior Minist ..
Applications Open for 6th Cycle of Start-up Incubation under the National Expans ..
Join vivo's "Light it Up" Social Media Contest in Ramadan to Win vivo V30 5G
Pakistan v New Zealand T20I series: Tickets to go on sale from today
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 29 March 2024
Today Gold Rate in Pakistan 29 March 2024
Journalists call for global action to end Gaza’s humanitarian crisis
CM for generating opportunities to bring direct int'l investment
Pakistan retains position in FTSE secondary emerging market
High Commissioner of Malaysia hosts Iftar dinner reception
NEPRA announces 2nd quarterly adjustment in power bills with Rs 1.68 cut per uni ..
More Stories From World
-
China's overnight Shibor interbank rate decreases Friday
8 minutes ago -
Tokyo stocks end higher tracking Wall Street gains
17 minutes ago -
Boao forum urges global cooperation in energy transition
17 minutes ago -
China to export homegrown tunnel-boring machine to Italy
17 minutes ago -
Over 9 pct of Mongolia's livestock die in cold winter
18 minutes ago -
ChiNext Index closes higher Friday
18 minutes ago
-
Ukraine says downed 84 of 99 Russian missiles, drones launched overnight
28 minutes ago -
Philippines observes Good Friday with crucifixions and whippings
38 minutes ago -
Tokyo shares close higher after Wall Street records
48 minutes ago -
Over 9 pct of Mongolia's livestock die in cold winter
57 minutes ago -
Indonesia's president-elect to visit China
57 minutes ago -
6.0-magnitude quake hits Southern Greece
57 minutes ago