April 7, 2017
U.S. Oil Rigs Rise By 10, Gas By 5
The number of active US oil rigs climbed by 10 this week to 672, the highest since August 2015, according to Baker Hughes in it's weekly rig report.
The number of US rigs was up for the 12th straight week.
The rig count fell by one to 65 in the Eagle Ford.
Rigs were up by 12 to 331 in the Permian Basin.
The number of Permian oil rigs has been up in 18 out of the last 19 weeks.
And the number of gas rigs was up by five to a total of 165.
By Mike Shiloh
Copyright April 07, 2017, Mike Shiloh, Texas Energy Report LLC, www.texasenergyreport.com, All rights are reserved
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