US Oil, Gas Drillers Hang Back in Volatile Market

U.S. drilling rigs edge higher in Baker Hughes weekly update (USO:NYSEARCA)

The number of oil and gas rigs actively drilling in the US added 1 to 581, the count's 11th increase in 12 weeks, Baker Hughes said in its latest survey.

US Oil, Gas Drillers Hang Back in Volatile Market

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US to 581, up 44 from this same time last year. The number of active oil rigs stayed at 445 during the latest reporting period, according to the data. This is 21 above this same time last year. The number of gas rigs also stayed the same, at 126, which is 18…

US Energy Firms Add Rigs for Fourth Week in a Row, Says Baker Hughes - Energy News, Top Headlines, Commentaries, Features & Events

(Reuters) – U.S. energy firms this week added rigs for a fourth week in a row for the first time since early June, energy services firm Baker Hughes said in its closely followed report on Friday. The report, which Baker Hughes usually releases around 1 p.m. EDT (1700 GMT) on Fridays, was delayed by around ...