Second-longest build, in 1992, was 14 consecutive weeks; U.S. count reaches 916, Permian adds 2
The U.S. drilling industry has now seen 20 weeks of consecutive rig gains, according to the latest Baker Hughes rig count, released today.

Eight rigs came online in the U.S. this week, bringing the total number of rigs active in the U.S. to 916. All eight additional rigs were land-based rigs, while inland waters and offshore were unchanged.

Twenty weeks of consecutive rig gains is significantly longer than any previous build. The next-longest ...

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