U.S. drillers add oil and gas rigs to 569
The oil and gas rig count rose six to 569 in the shortened week to Nov. 24, its highest since April 2020, Baker Hughes said.
Baker Hughes released the rig count data a couple of days earlier than usual due to the upcoming U.S. Thanksgiving holiday on Thursday.
That puts the total rig count up 249 rigs, or 78%, over this time last year.
In November, the count gained 25, the biggest monthly increase since January, according to Baker Hughes data.
U.S. oil rigs rose six to 467 this week. ■