Highlights Permian rigs up four to 480, Williston rigs down five US oil rig count down nine to 933; gas rigs up four to 221 Drill permits up 8% to 1,135 as 2018 budgets near end Houston —US combined oil and gas rigs totaled 1,171 this week, down five, with the biggest swings seen in the Permian and Williston Basins, S&P Global Platts data showed Thursday. The total US rig count is up from 1,048 a year ago as the industry has recovered from a three-year oil price collapse that began in late 2014. But the pace of new activity is slowing as E&P operators exhaust capital budgets for the year. Domestic rigs drilling for oil totaled 933, down nine on the week but up from 811 during the same week a year ago. Rigs chasing […]

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