Less than a minute
111 words
6 views
The US oil and gas rig count increased by double digits this week, according to Baker Hughes, reaching 813 rigs after increasing by 14 for the week, according to Baker Hughes. For oil rigs, this week saw an increase of 18 rigs—the first double-digit growth since the beginning of April, according to Baker Hughes data. The total oil and gas rig count is now 267 down from this time last year. The total number of active gas rigs in the United States fell by 4 according to the report, reaching 125. This compares to 197 a year ago. The number…