The Rig Count Climbs As Markets Clamor For More Oil ...Middle East

OILPRICE - Economy
The Rig Count Climbs As Markets Clamor For More Oil
source : OILPRICE ( Middle East ) () 6
The number of total active drilling rigs in the United States rose by 3 this week, after an increase of 2 rigs in the week prior, according to new data from Baker Hughes published on Friday. The total rig count increased to 698 this week—258 rigs higher than the rig count this time in 2021 and the highest count since April 2020. Drilling has picked up substantially since the Russia invasion, adding 48 rigs over the last nine weeks. Oil rigs in the United States rose this week by 3 rigs to 552, while gas rigs stayed the same at 144. Miscellaneous…

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