Total U.S. rig count up by 11 to 947
Drilling activity in the U.S. increased sharply this week, as producers continue to respond to rising prices, according to Baker Hughes’ Weekly Rig Count.
A total of 11 rigs began operations this week, bringing the U.S. total to 947. Rig counts are approaching the July 2017 high of 952, the peak of post-downturn operations. Thirteen land-based rigs came online, while two offshore rigs shut down. There are now 929 land, one inland waters and 17 offshore rigs active in the U.S.
Operations heavily shifte...
