The total U.S. rig count dropped by two week on week and now stands at 540, according to Baker Hughes’ latest North America rotary rig count, which was released on August 1. Of the total U.S. rig count of 540, 525 rigs are categorized as land rigs, 13 are categorized as offshore rigs, and two are categorized as inland water rigs, the count revealed. The total U.S. rig count is made up of 410 oil rigs, 124 gas rigs, and six miscellaneous rigs, according to Baker Hughes’ count, which highlighted that the U.S. total comprises 471 horizontal rigs, 54 directional rigs, and 15 vertical rigs.
