US drillers added 2 oil rigs in week ending Aug. 31

01/09/2018 Argaam

U.S. energy companies added two oil rigs in the week ending Aug. 31, bringing the total count to 862, General Electric Co.’s Baker Hughes energy services firm said in its closely followed report on Friday.

The number of gas rigs also rose by 2 to 184 gas rigs for the week, compared to 183 gas rigs a year earlier.

This is the first rise in oil rigs in three weeks, while the rig count inched up this month as drilling steadied over the last three months.

US oil & gas rigs

Rigs

A year ago

Previous week

Week ending Aug. 31

Week-on-week change

YoY

Oil

759

860

862

2+

103+

Gas

183

182

184

2+

1+

Oil & Gas

943

1044

1048

4+

105+


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