Number of oil and gas rigs increased to 712
Las week, the oil and gas rig count was up by 35. As was the case last week, most of this week’s gains were oil rig gains, which were up 15, from 551 last week to 566 this week.
The number of active oil rigs in the United States is now 68 more than the same week last year.
Gas rigs also saw a modest three-rig increase, from 142 last week to 145 this week, which is 24 above the count for the same week last year.
This marks 12 straight increases to the gas rig count. ■