Rig Count Remains Unchanged During Last Week Of 2021

The number of active drilling rigs in the United States remained unchanged this week, keeping the total rig count at 586, as oil prices remain relatively strong despite the fresh wave of Covid-19 cases brought by the new variant of the coronavirus. Last week’s count compared with a rig count rise of 7 for the previous week, which brought the total to 586. Baker Hughes reported the total active rig figure was 235 rigs higher than the rig count this time last year when the oil industry was just beginning to recover from the worst…