US Drillers Add Oil, Gas Rigs As Hormuz Transit Resumes
AI Summary
The number of active oil and gas drilling rigs in the United States has increased, with the total rig count rising to 573, driven by a rise in both oil and gas rigs compared to last year. This increase coincides with resumed transit through the Strait of Hormuz.
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 573, up 26 from this same time last year. The number of active oil rigs rose by 7 to 440 during the latest reporting period, according to the data. This is 8 above this same time last year. The number of gas rigs rose by 3 to 125, which is 16 more than this time last year. The miscellaneous rig stayed the same at 8. The latest EIA data showed that weekly…