U.S. Rig Count Sees Small Drop

The total number of active drilling rigs for oil and gas in the United States saw fell this week, according to new data that Baker Hughes published on Friday, after holding steady in the week prior. The total rig count fell by a single rig to 584, according to Baker Hughes, down more than 5% from this same time last year. The number of oil rigs fell by one this week to 478—down by 22 compared to this time last year. The number of gas rigs also fell by a single rig, landing at 101, a loss of 13 active gas rigs from this time last year. Miscellaneous…