U.S. Oil, Gas Drilling Perks Up As Pressure Mounts
AI Summary
US oil and gas drilling activity increased with the total active rigs rising to 599, marking a notable year-over-year gain. Both oil and gas rig counts have grown, reflecting heightened energy sector activity amid market demands.
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, with the total rig count in the US rising to 599, up 50 from this same time last year. It is the second The number of active oil rigs rose by 3, reaching 455 during the latest reporting period, according to the data. This is 31 above this same time last year. The number of gas rigs rose by 1 to 135, which is 18 more than this time last year. Miscellaneous rigs stayed the same at 9. The latest…