1,060 rigs currently drilling; 929 are horizontal rigs
Drilling activity in the U.S. rose by only one rig his week, but it was enough to continue the positive momentum, with overall net U.S. rig count showing growth for the ninth-straight week, according to Baker Hughes.

A net one rig began drilling this week, a far lower increase than the 13 that began drilling last week. There are now a total of 1,060 rigs drilling in the U.S., comparable to the activity level in March 2015. Three land-based rigs came online, while two inland waters shut...

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