U.S. Rig Count Dips Slightly After Five-Week Streak – Baker Hughes
Oil Gas Leads
MARCH 10, 2025
West Virginia remains a highlight , now operating 11 rigs , having sustained its rig addition from three weeks ago. This trend aligns with industry shifts over the past couple of years, as lower oil and gas prices have led operators to prioritize shareholder returns, debt reduction, and capital efficiency over aggressive production increases.
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