8 oil and gas rigs added by U.S. energy firms, totaling 590; count down 8% from last year.
U.S. energy firms added eight oil and gas rigs, bringing the total to 590—the biggest increase in a year. Despite this, the count is down 8% from last year. The U.S. Energy Information Administration forecasts crude output will rise to 13.3 million barrels per day in 2024 and 13.7 million in 2025, while gas output is expected to drop slightly. Active rigs in Canada decreased by two, totaling 218.
September 13, 2024
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