RSS   Newsletter   Contact   Advertise with us

U.S. oil-rig count rises for 20th straight week

Share on Twitter Share on LinkedIn
Staff Writer | June 2, 2017
U.S. oilfield-services companies added oil rigs for a 20th straight period last week, underscoring the sustained demand from shale producers.
oil-rig count rises 20
Oil exploration   The oil-rig count rose by 11 to 733
The oil-rig count rose by 11 to 733, the biggest jump in seven weeks, Baker Hughes' weekly report showed.

The count of gas rigs fell by three to 182.

The count of miscellaneous rigs was unchanged at two, taking the total rig count up by eight to 916.