U.S. Oil Drilling Sags: Baker Hughes ...Middle East

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U.S. Oil Drilling Sags: Baker Hughes

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday. The total rig count fell by 1 this week to 587, compared to 623 rigs this same time last year. The number of oil rigs fell by 4 this week to 484—down by 18 compared to this time last year. The number of gas rigs rose by 3 this week to 99, a loss of 17 active gas rigs from this time last year. Miscellaneous rigs stayed the same at 4. Meanwhile, U.S. crude oil production stayed the same for…

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