U.S. added the most land rigs since April 2015
The U.S. rig count has finally exceeded 900 rigs, according to Baker Hughes’ (ticker: BHI) most recent weekly rig count.

American land rigs added 14 for a total of 878 rigs online. This is the highest number of land rigs active in the U.S. since April 2015, a few months after the downturn had begun. An additional two offshore rigs came online, meaning there are now 901 rigs active in the U.S. this week.

In keeping with the positive news with respect to oil company operations, oil prices push...


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