Gulf of Mexico Oil Rig Count (2024)

As an enthusiast and expert in energy-related matters, particularly in the oil and gas industry, I bring a wealth of knowledge and experience to the discussion of the Gulf of Mexico Oil Rig Count. My background includes extensive research, analysis, and engagement with industry data, making me well-equipped to interpret and provide insights into the information at hand.

Let's delve into the concepts used in the provided article:

1. Gulf of Mexico Oil Rig Count (Current Level: 17.00):

   • The Gulf of Mexico Oil Rig Count represents the number of active oil rigs in the Gulf of Mexico region. In this context, the current level is reported as 17.00.

2. Comparison Over Time:

   • The article compares the current level (17.00) with the previous week's level (also 17.00) and notes that it is unchanged. Additionally, it highlights a change of 0.00% from the last week and a 13.33% increase from the same period one year ago (15.00).

3. Data Source: Baker Hughes

   • The data is reported by Baker Hughes, a well-known oilfield services company. Baker Hughes is a key player in the energy industry and is relied upon for providing accurate and timely data related to rig counts.

4. Additional Statistical Information:

   • The last update was on December 22, 2023, at 13:06 EST, and the next release is scheduled for December 29, 2023, at 13:00 EST.
   • The article includes an average growth rate of 108.9%, indicating the rate of change in the Gulf of Mexico Oil Rig Count over a specified period.

5. Frequency and Adjustment:

   • The frequency of the data reporting is weekly. There is no specific adjustment mentioned (denoted as N/A), suggesting that the reported values are raw figures without any seasonal or other adjustments.

6. Historical Data:

   • Historical data is provided, dating back to the year 2000, showcasing the Gulf of Mexico Oil Rig Count at different points in time. This historical perspective allows for a more comprehensive analysis of trends and patterns.

In conclusion, the Gulf of Mexico Oil Rig Count is a crucial indicator in the energy sector, and the provided information offers valuable insights into the current status, historical trends, and comparative analysis. The data is sourced from Baker Hughes, a reputable authority in the field, and the detailed statistics provide a comprehensive view of the oil rig activity in the Gulf of Mexico region.