The number of active oil and gas rigs in the United States increased on Friday by 35 for a total of 694 active rigs, according to oilfield services provider Baker Hughes , which is 57 rigs above the rig count a year ago. Not surprisingly, most of this week’s gains were in the form of oil rigs, which were up 29, from 522 last week to 551 this week. The number of active oil rigs in the United States is now 41 more than the same week last year. Gas rigs also saw a bump of 6, from 136 last week to 142 this week, which is 15 above the count for the same week last year. This marks 11 straight increases to the gas rig count. Last week marked the first decrease in active oil rigs in 12 weeks. The upward trajectory to the number of active oil […]

Posted in: USA