Drilling activity in the United States continues to pick up, according to Baker Hughes, with a 7-rig rise to the number of active drilling rigs this week, according to Baker Hughes. The total rig count is now at 563—a figure that is 253 up from this time last year. Nevertheless, active rigs are still hundreds less than the 790 active rigs that were drilling in the pre-covid world.
The U.S. oil rig count rose this week to 461—a 7-rig increase since last week, and a 230 rig increase since this time last year. The number of gas rigs,…U.S. Oil Rig Count Rises As Oil Prices Slide
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