Two rigs active in Montana for first time this year
Drilling activity in the U.S. rose for the third week in a row, according to the latest edition of Baker Hughes’ Weekly Rig Count.

The overall U.S. rig count increased by a net one this week, as two land-based rigs came online and one offshore rig shut down. There are currently 1,046 land, three inland waters and 19 offshore rigs active in the country, for a grand total of 1,068.

The new activity is developing oil, as two oil-targeting rigs came online in the week. One gas rig shut down, meanwhile, meaning oil now accounts for 81.9% of all drilling in the country.

Both horizontal and directional rigs added one in the week, the number of vertical rigs fell by one. Directional rigs...

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