Largest increase since February
The growth in drilling activity in the U.S. accelerated this week, with the largest increase in 11 weeks according to Baker Hughes’ Weekly Rig Count.

A net 13 new rigs came online this week, meaning there are 1,045 operational in the U.S. Ten of these rigs were land based, while one is drilling in inland waters and two are offshore. There are 1,021 land-based rigs currently operating, vastly outnumbering the three inland waters and 21 offshore rigs in the U.S.

While 21 offshore rigs marks the highest activ...

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