U.S. Oil, Gas Drillers See Minor Uptick as Oil Prices Crash

The total number of active drilling rigs for oil and gas in the United States rose slightly this week, according to new data that Baker Hughes published on Friday, with the total rig count in the US rising to 604, up 56 from this same time last year. The number of active oil rigs rose by 1, to 463 during the latest reporting period, according to the data.

This is 49 above this same time last year. The number of gas rigs also rose by 1 to 131, which is just 3 more than this time last year. Miscellaneous rigs slipped by a single rig down to 10. S. 992 million bpd last week and up 352,000 bpd from a year ago.