OPERATIONS

US and Canada see rig count down again: Baker Hughes

BAKER Hughes has reported another drop in the numbers of rotary rigs in the US, counting 602 rigs, as of April 9, down 62 from the beginning of April rigs, as the fallout of COVID-19 continues to wreak havoc.

 GoM remains steady

GoM remains steady

  Year -on-year demand is far down, with the same week in April 2019 recording 420 more rigs in rotation.  Of the 602 rigs in rotation, 504 are oil rigs, 96 are gas and 2 are marked as miscellaneous. ...

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