US oil rig count hits fresh 19-month low amid broad drilling slowdown

摘要

The US oil rig count fell to a fresh 19-month low this week as drillingactivity waned in nearly all major basins, information published byRigData showed Thursday.The number of active US oil drilling rigs edged down by 11 to 815this week, the lowest since January 2018 and 100 lower than year-agolevels. The decline in oil drilling activity led the combined US oil and gasrig count down 11 to 1,022 last week, itself a 19-month low.Rig count declines were seen in most major oil-focused basins.Active Permian and Williston basin rigs fell back one each to 437 and57, respectively, while the SCOOP-STACK and Denver-Julesburg basineach shed two active rigs, bringing counts there to 76 and 30,respectively. In the West Texas Eagle Ford basin, the number of activeoil rigs was unchanged on the week at 81.