U.S. Oil Drilling Activity Picks Up Amid Rising Crude Prices ...Middle East

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U.S. Oil Drilling Activity Picks Up Amid Rising Crude Prices
The total number of total active drilling rigs in the United States rose by 2 this week, according to new data from Baker Hughes published on Friday. The total rig count rose to 761 this week—126 rigs higher than the rig count this time in 2022 and 314 rigs lower than the rig count at the beginning of 2019, prior to the pandemic. Oil rigs in the United States increased by 10 this week, to 609 after falling by 10 in the week prior. Gas rigs fell by 8, to 150. Miscellaneous rigs stayed the same at 2. The rig count in the Permian Basin fell…

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