The freefall in the U.S. rig count showed no signs of letting up during the week ended Friday (April 24) as yet another steep drop-off in oil-directed activity sent the overall domestic tally tumbling below the 500-unit mark, according to the latest figures from Baker Hughes Co. (BKR).
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Pandemic Rapidly Depleting Rigs as U.S. Natural Gas Count Down Four
The U.S. natural gas rig count fell four units to 85 during the week ended Friday (April 24), while yet another steep drop-off in oil-directed activity sent the overall domestic tally tumbling below the 500-unit mark, according to the latest figures from Baker Hughes Co. (BKR).
April 24, 2020
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