Baker Hughes United States Total Rig Count

Country:
United States
USD, US dollar
Source:
Sector:
Business
Medium 584
585
Last release Importance Actual Forecast
Previous
584
Next release Actual Forecast
Previous
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As the name suggests, the value reflects the number of drilling rigs in the USA that Baker Hughes has published since 1944, always on the last working day of the week, usually Fridays, at 12 noon. This value is an important business barometer for the oil and natural gas drilling industry and its suppliers. When drilling rigs are active, they consume products and services of the corresponding service industry. However, technical developments have increased the efficiency of drilling rigs. Therefore it is not easy to deduce a weakness in this industry because of a declining number of rigs. Especially in conjunction with other metrics, it remains a leading indicator of demand for oil and natural gas products.

This value is therefore also an indication of the state of the US economy with a possible impact on the USD.

Last values:

actual data

The chart of the entire available history of the "Baker Hughes United States Total Rig Count" macroeconomic indicator.

Date (GMT)
Reference
Actual
Forecast
Previous
12 Jul 2024
584
585
3 Jul 2024
585
581
28 Jun 2024
581
588
21 Jun 2024
588
590
14 Jun 2024
590
594
7 Jun 2024
594
600
31 May 2024
600
600
24 May 2024
600
604
17 May 2024
604
603
10 May 2024
603
605
3 May 2024
605
613
26 Apr 2024
613
619
19 Apr 2024
619
617
12 Apr 2024
617
620
5 Apr 2024
620
621
28 Mar 2024
621
624
22 Mar 2024
624
629
15 Mar 2024
629
622
8 Mar 2024
622
629
1 Mar 2024
629
626
23 Feb 2024
626
621
16 Feb 2024
621
623
9 Feb 2024
623
619
2 Feb 2024
619
621
26 Jan 2024
621
620
19 Jan 2024
620
619
12 Jan 2024
619
621
5 Jan 2024
621
622
29 Dec 2023
622
620
22 Dec 2023
620
623
15 Dec 2023
623
626
8 Dec 2023
626
625
1 Dec 2023
625
622
22 Nov 2023
622
618
17 Nov 2023
618
616
9 Nov 2023
616
618
3 Nov 2023
618
625
27 Oct 2023
625
624
20 Oct 2023
624
622
13 Oct 2023
622
619
6 Oct 2023
619
623
29 Sep 2023
623
630
22 Sep 2023
630
641
15 Sep 2023
641
632
8 Sep 2023
632
631
1 Sep 2023
631
632
25 Aug 2023
632
642
18 Aug 2023
642
654
11 Aug 2023
654
659
4 Aug 2023
659
664

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