The total number of total active drilling rigs in the United States fell by 8 this week, according to new data from Baker Hughes published Friday, falling by 74 rigs over the last two months. The total rig count fell to 674 this week—76 rigs below this time last year. The current count is 401 fewer rigs than the rig count at the beginning of 2019, prior to the pandemic. The number of oil rigs declined by 1 this week to 545, while the number of gas rigs fell by 6, to 124. It is the fewest number of active gas rigs since February 2022. Miscellaneous…
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