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Related stocks: Keppel Corp, Sembcorp Marine & Cosco.
Saturday, January 12, 2019
US rig count - 1075
Nationally, the oil and gas rig count is unchanged from last week at 1,075 rigs. A year ago, 939 rigs were active. The count shows that 873 rigs sought oil, down four from the previous week, and 202 explored for natural gas, up four from the previous week.The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May of 2016 at 404.
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