Examples of 'rig count' in a sentence
Meaning of "rig count"
Rig Count: Indicates the number of active drilling rigs in operation within the oil and gas industry. It is a critical metric used to assess the level of drilling activity and investment in the sector
How to use "rig count" in a sentence
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rig count
Oil rig count sees highest cuts in two years.
YPF announced spending reductions as well as the decision to reduce its rig count.
Rig count is a direct indicator of how oil and gas producers choose to allocate capital.
For Friday the release of the US Baker Hughes oil rig count is expected.
Never before has the rig count plunged this fast this far,.
Previous articleCrude Oil, Oil trading higher, ahead Baker Hughes weekly rig count.
The rig count is closely watched as an indicator of future U.S. oil output.
Misperception 5, The Baker Hughes rig count has become irrelevant.
The rig count is down 39 percent since October, an unprecedented retreat.
Reports showed that the rig count in the U.S. has stagnated since May.
The rig count has more than doubled from a low of 316 in May.
Baker Hughes Rig Count for the week will be issued at 1.00 pm ET.