U.S. Rig Count Unchanged After Crazy Week In Oil Markets
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There has been no net change to the number of active drilling rigs in the United States this week, according to Baker Hughes. The total rig count remains at 569—a figure that is 246 up from this time last year. Active rigs are still hundreds less than the 790 active rigs that were drilling in the pre-covid world. The U.S. oil rig count rose stayed at 467, while gas rigs stayed at 102. Miscellaneous rigs stayed at zero. The EIA's estimate for oil production in the United States for the week ending November 26 rose 100,000 bpd for…
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