U.S. Drilling Activity Going Nowhere Baker Hughes Data Shows

The total number of active drilling rigs for oil and gas in the United States saw no change this week, according to new data that Baker Hughes published on Friday, after holding steady in the week prior. The total rig count stayed at 585, according to Baker Hughes, down more than 5% from this same time last year. The number of oil rigs fell by 1 this week to 479—down by 17 compared to this time last year. The number of gas rigs rose by 1 this week to 102, a loss of 16 active gas rigs from this time last year. Miscellaneous rigs stayed the…