benchmark oil prices having cooled off since reaching decade-highs in 2022.
The number of operational U.S. oil and gas rigs totaled 626 in the last week of February 2024. This was a decrease compared to the same month a year prior, with Number of United States oil and gas rigs in operation at the end of each month from February 2022 to February 2024
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Baker Hughes. (March 1, 2024). Number of United States oil and gas rigs in operation at the end of each month from February 2022 to February 2024 [Graph]. In Statista. Retrieved June 01, 2024, from https://www.statista.com/statistics/1109332/us-oil-and-gas-rigs-in-use-covid19/
Baker Hughes. "Number of United States oil and gas rigs in operation at the end of each month from February 2022 to February 2024." Chart. March 1, 2024. Statista. Accessed June 01, 2024. https://www.statista.com/statistics/1109332/us-oil-and-gas-rigs-in-use-covid19/
Baker Hughes. (2024). Number of United States oil and gas rigs in operation at the end of each month from February 2022 to February 2024. Statista. Statista Inc.. Accessed: June 01, 2024. https://www.statista.com/statistics/1109332/us-oil-and-gas-rigs-in-use-covid19/
Baker Hughes. "Number of United States Oil and Gas Rigs in Operation at The End of Each Month from February 2022 to February 2024." Statista, Statista Inc., 1 Mar 2024, https://www.statista.com/statistics/1109332/us-oil-and-gas-rigs-in-use-covid19/
Baker Hughes, Number of United States oil and gas rigs in operation at the end of each month from February 2022 to February 2024 Statista, https://www.statista.com/statistics/1109332/us-oil-and-gas-rigs-in-use-covid19/ (last visited June 01, 2024)
Number of United States oil and gas rigs in operation at the end of each month from February 2022 to February 2024 [Graph], Baker Hughes, March 1, 2024. [Online]. Available: https://www.statista.com/statistics/1109332/us-oil-and-gas-rigs-in-use-covid19/