WTI Crude
50.27
Brent Crude
55.60
Natural Gas
3.15

US Rig Count Up 5 This Week To 658; Texas Adds 3

Facebooktwitterlinkedininstagrammail

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by five this week to 658.

A year ago, 698 rigs were active. Depressed energy prices have curtailed exploration, although the rig count has been rebounding in recent weeks.

Houston oilfield services company Baker Hughes Inc. said Friday that 525 rigs sought oil and 132 explored for natural gas this week. One was listed as miscellaneous.

Texas gained three rigs, Oklahoma added two and New Mexico and North Dakota were up one each.

Kansas declined by one rig.

CLICK HERE TO READ THE ENTIRE ARTICLE BY THE PUBLISHER


Posted by The Courier

News Article Email Sign-Up
Sending
Facebooktwitterlinkedininstagrammail