US Oil Drilling Rigs Rise to 454 as Total Rig Count Holds Steady

Source Summary

The total number of active US oil and gas drilling rigs remained at 588 this week, according to Baker Hughes data published Friday. Active oil rigs increased by 3 to reach 454, up 43 from the same period last year. Gas rigs declined by 3 to 124, up 1 year-over-year. Miscellaneous rigs stayed at 10. The overall rig count is up 49 from the same time last year.