Market Data
July 7, 2017
Active Oil & Gas Rig Counts: Continued Improvement
Written by Brett Linton
Data from July 7, 2017, shows the U.S. rig count for the week was 952 rigs exploring for or developing oil or natural gas. The last time U.S. rig counts were this high was in early 2015, reports oilfield services company Baker Hughes Inc.
This is up 12 rigs compared to last week, with oil rigs up 7 to 763 rigs, gas up 5 to 189 rigs, and miscellaneous rigs unchanged at 0 rigs. Compared to this time last year, the 952 count is up 512 rigs, with oil rigs up 412, gas rigs up 101, and miscellaneous rigs down 1.
