Permian adds four rigs
Drilling activity increased slightly in the U.S. this week, as activity continues to shift mildly, according to the latest edition of Baker Hughes’ Weekly Rig Count. A net two rigs began drilling in the country, meaning there are 1,048 rigs currently active. Total rig counts have hovered around 1,050 rigs since early May, an activity level not seen since March 2015.

Operations shifted in favor or land-based drilling this week, with six such rigs beginning activity. Inland waters rigs dropped sharply, with three rigs, ...

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