The the number of active oil and gas rigs fell again in the United States this week according to Baker Hughes, after a string of losses in the weeks prior, keeping the overall rig count well below year-ago levels for a sixth week in a row. The total number of active oil and gas drilling rigs in the United States fell by 1 according to the report, with the number of active oil rigs falling 3 to reach 802 and the number of gas rigs increasing by 2 to reach 185. The combined oil and gas rig count is 987, with oil seeing a 42-rig decrease year on year and gas rigs down 15 since this time last year. The combined oil and gas rig count is down 59 year on year. Year-to-date, the oil rig count has fallen from 877 active rigs on January 4 to 802, while […]