Total rigs dip to 929 from 931

The weekly Baker Hughes rig counts shows:

  • Oil rigs at 747, unchanged from last week
  • Gas rigs at 182 vs 184 last week
  • Total rigs were down to 929 vs 931 last week.

The high total rig count total for the year reached 958 in July. The low for the year reached 659 back in January 2017.