The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, following a 1 rig dip in the prior week.
The total rig count in the US fell by 2 to 590 rigs, according to Baker Hughes, down 30 from this same time last year.
The number of oil rigs rose by 5 to 489—down by 19 compared to this time last year. The number of gas rigs fell by 7 this week to 96 for a loss of 14 active gas rigs from this time last year. Miscellaneous rigs were unchanged at 5.