U.S. Rig Count Climbs As Shale Prepares For Takeoff
The number of active drilling rigs in the United States rose by 3 this week, bringing the total rig count to 604, as oil prices linger just under 7-year highs.
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The number of active drilling rigs in the United States rose by 3 this week, bringing the total rig count to 604, as oil prices linger just under 7-year highs.
This week’s Baker Hughes rig count shows that Unites States numbers fell by two, bringing the total down to 967.
This week’s Baker Hughes rig count shows that Unites States numbers fell by two, bringing the total down to 967.
The number of active drilling rigs in the United States rose by 13 this week as U.S. drillers start to capitalize on $80+ crude prices
Fed: At $78.23 a barrel as of Jan. 10, the price of oil has returned to a level that will spur the investment needed to expand production in the region.