{"id":60115,"date":"2022-02-12T00:17:33","date_gmt":"2022-02-11T20:17:33","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=60115"},"modified":"2022-02-12T00:21:07","modified_gmt":"2022-02-11T20:21:07","slug":"baker-hughes-us-adds-most-oil-rigs-in-four-years","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/baker-hughes-us-adds-most-oil-rigs-in-four-years\/02\/12\/market-updates\/","title":{"rendered":"Baker Hughes: US Adds Most Oil Rigs In Four Years"},"content":{"rendered":"\n<p>The count of active drilling rigs in the U.S. surged by 22 to 635, 60% above year-ago levels, according to the latest weekly survey from Baker Hughes.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>U.S. crude oil rigs jumped by 19 to 516 while gas rigs gained 2 to 118, with one rig unspecified; rigs targeting oil in the Permian Basin added 7 to 301, with 5 more rigs in the Eagle Ford bringing the total to 47. The rise in the overall count in the biggest weekly increase since February 2018, according to Reuters; the oil rig count is now at its highest since April 2020, while gas rigs are at their best level since January 2020.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>US energy firms this week added the most oil rigs in four years as crude prices held near their highest since 2014, prompting drillers to seek more profit.<br><br>The number of rigs drilling for natural gas in the United States rose by 2 this week to 118, data from oil services firm Baker Hughes showed on Friday. <br><br>Horizontal rigs; the type most often used to extract oil or gas from shale, rose by 19 to 574. Oil rigs rose by 19 to 516.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The count of active drilling rigs in the U.S. surged by 22 to 635, 60% above year-ago levels, according to the latest weekly survey from Baker Hughes. U.S. crude oil rigs jumped by 19 to 516 while gas rigs gained 2 to 118, with one rig unspecified; rigs targeting oil in the Permian Basin added &hellip;<\/p>\n","protected":false},"author":13,"featured_media":52876,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[38,36],"tags":[7804,6951,8611],"class_list":["post-60115","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-market-updates","tag-baker-hughes","tag-natural-gas","tag-oil-rigs-count"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/60115","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=60115"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/60115\/revisions"}],"predecessor-version":[{"id":60119,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/60115\/revisions\/60119"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/52876"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=60115"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=60115"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=60115"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}