Business data
The number of active natural gas drilling rigs in American energy companies has declined.
According to data released recently by Baker Hughes, an energy service company, from February 4 to 10, the number of natural gas active rigs in American energy companies dropped the most since October 2017, while the number of oil active rigs increased the most since June last year.
According to Baker Hughes data, during the week from February 4th to 10th, as a leading indicator of future production, the number of oil and gas rigs in the United States increased by 2 to 761. Compared with the same period last year, the total number of drilling rigs increased by 126, with an increase of 20%. However, the number of oil rigs increased by 10 to 609; The number of natural gas drilling rigs decreased by 8 to 150; There are also two miscellaneous drilling rigs.
During the week from February 4 to 10, US crude oil futures fell by about 1%, while US natural gas futures fell by about 44%. Many analysts say that this year, producers may have to reduce the number of natural gas drilling platforms. Raymond James analysts said in a report: "The lag effect of natural gas prices will have a negative impact on the number of rigs, but it will have little impact in 2023. We estimate that the average total number of drilling rigs will be 740 in 2023, and the number of natural gas drilling rigs will be greatly reduced in the next three to four months. " The CEO of Patterson-UTI Energy, an oilfield service company, said that with the price falling, natural gas drilling platforms outside the northeastern United States may be cut.