In the major basins rig increase is nil; but oil popularity nears all-time high
Drilling activity fell this week, marking the second straight decrease in operational rigs, according to Baker Hughes’ Weekly Rig Count.

A net seven rigs shut down this week, the largest decrease since early November. Three land-based rigs shut down, while two offshore and inland waters rigs stopped drilling. This leaves 1,032 land, two inland waters and 18 rigs operational, for a grand total of 1,052 rigs drilling in the country.

Gas drilling declined in pop...

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