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U.S. Drilling Activity Still Unmoved Amid Market Uncertainty

U.S. Drilling Activity Still Unmoved Amid Market Uncertainty

The total number of active drilling rigs for oil and gas in the United States saw no change again this week, according to new data that Baker Hughes published on Friday, after holding steady in the week prior. The total rig count stayed at 585, according to Baker Hughes, down more than 5% from this same time last year. The number of oil rigs stayed the same this week at 479—down by 15 compared to this time last year. The number of gas rigs also stayed the same this week at 102, a loss of 16 active gas rigs from this time last year. Miscellaneous…

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