The number of active US rigs drilling for oil increased by seven to reach 306 in the week ending Feb. 12, General Electric Co.’s Baker Hughes energy services firm said in its closely followed report on Friday.
Meanwhile, the natural gas rig count fell by two to reach 90 compared with the previous week.
Item | Year Before | Last Week | Current | Weekly Change | Yearly Change |
---|---|---|---|---|---|
No. of Rig Count | 678 | 299 | 306 | 7+ | (372) |
Gas | 110 | 92 | 90 | (2) | (20) |
Oil & Gas | 788 | 391 | 396 | 5+ | (392) |
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