The US oil rigs increased by one to 502 in the week ended Oct. 20, Baker Hughes energy services firm said in its closely followed report on Friday.
Last week, the US oil rig count rose by four.
Meanwhile, gas rigs increased by one to reach 118.
Item | Year Before | Last Week | Current | Weekly Change | Yearly Change |
---|---|---|---|---|---|
No. of Rig Count | 612 | 500 | 502 | 2+ | (110) |
Gas | 157 | 114 | 118 | 4+ | (39) |
Oil & Gas | 769 | 614 | 620 | 6+ | (149) |
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