The number of active US rigs drilling for oil increased by eight to reach 275 in the week ending Jan. 8, General Electric Co.’s Baker Hughes energy services firm said in its closely followed report on Friday.
Meanwhile, the natural gas rig count rose by one week-on-week (WoW) to 84.
Item | Year Before | Last Week | Current | Weekly Change | Yearly Change |
---|---|---|---|---|---|
No. of Rig Count | 659 | 267 | 275 | 8+ | (384) |
Gas | 119 | 83 | 84 | 1+ | (35) |
Oil & Gas | 778 | 350 | 359 | 9+ | (419) |
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