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U.S. Oil Rig Count Jumps Amid Selloff In Crude

The number of total active drilling rigs in the United States rose by 7 this week, according to new data from Baker Hughes published on Friday. The total rig count rose to 769 this week—226 rigs higher than the rig count this time in 2021. Oil rigs in the United States rose by 8 this week, to 610. Gas rigs slipped by 1, to 157.

Miscellaneous rigs stayed the same at 2. The rig count in the Permian Basin rose by 1 to 346 this week. Rigs in the Eagle Ford slipped by 1 to 71.Oil and gas rigs in the Permian are 79 above where they were this time…

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