The total number of active drilling rigs for oil and gas in the United States fell again this week, according to new data that Baker Hughes published on Wednesday, after falling in the week prior.
A year ago, 314 rigs were active in the region. Nationally, the oil and gas rig count is down one from last week at 582 rigs. A year ago, 625 rigs were active. The count shows that 477 rigs sought ...
It's difficult to predict the booms and busts of the oil and gas industry, but academic expert Jim Peach points to rig counts as a measure to judge how the industry is doing. If the number of ...