The US oil and gas rig count rose by 7 this week, with Baker Hughes adding 6 more oil rigs to the count and one more gas rig, bringing the total operational rigs in the U.S. to 447. Released at 1:00pm EST Friday, the new Baker Hughes weekly rig count shows 357 oil rigs currently active in the U.S., along with 89 gas rigs active. The biggest gains were made in New Mexico, with 4 new rigs, and Louisiana, with 3 new rigs. Last week, the rig count was up 9 rigs in total, with 10 new oil rigs on the scene, with the biggest gains in Texas’ Permian basin, which saw 4 new active oil rigs last week, following by Williston with two new rigs last week. Rigs engaged in exploration and production in the US rose for the third straight week, data showed on […]