Daily Market Updates: U.S. Oil, Gas Drillers Still on Hold

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U.S. Oil, Gas Drillers Still on Hold

Reported · Written up by our desk · Energy

The total number of active drilling rigs for oil and gas in the United States remained unchanged again this week, according to new data that Baker Hughes published on Friday, with the total rig count in the US staying at 603, up 57 from this same time last year. The number of active oil rigs rose by 2, to 462 during the latest reporting period, according to the data. This is 48 above this same time last year. The number of gas rigs fell by 2 to 130, which is 5 more than this time last year. Miscellaneous rigs stayed the same at 11. The latest EIA…

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U.S. Oil, Gas Drillers Still on Hold

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