U.S. energy companies cut five oil rigs in the week ending Sep. 13, bringing the total count to 733, General Electric Co.’s Baker Hughes energy services firm said in its closely followed report on Friday.

 

The gas rig count declined by seven rigs to153 rigs for the week, compared to 186 gas rigs a year earlier.

 

US oil & gas rigs

Rigs

A year ago

Previous week

Week ending Sep. 13

Week-on-week change

YoY

Oil

867

738

733

(5)

(134)

Gas

186

160

153

(7)

(33)

Oil & Gas

1053

898

886

(12)

(167)

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