Number of U.S. gas rigs drops sharply in 2023
October 25, 2023
Decline in active drilling coincides with lower natural gas price
The number of natural gas rigs operating in the U.S. has dropped 24% since the beginning of 2023, according to numbers cited by the U.S. Energy Information Administration (EIA).
The EIA said Baker Hughes reported 118 natural gas-directed rigs were active in the U.S. on Oct. 20, a decrease of…
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