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U.S. Oil, Gas Rig Count Sees Small Gains As Crude Inches Higher

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The total number of total active drilling rigs in the United States rose by 3 this week, according to new data from Baker Hughes published on Friday. The total rig count rose to 775 this week—174 rigs higher than the rig count this time in 2022, and 300 rigs lower than the rig count at the beginning of 2019, prior to the pandemic. Oil rigs in the United States rose by 5 this week, to 623. Gas rigs fell by 2, to 150. Miscellaneous rigs stayed the same at 2. The rig count in the Permian Basin rose by 3, while rigs in the Eagle Ford rose by…

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