The US oil and gas rig count fell by 12 to 299 on the week, Enverus said June 11, as upstream operators continued taking rigs out of domestic fields as they bring back selected wells shut-in the last few months. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The oil rig and combined rig counts have plunged to historic lows, with current levels not seen at least since 2005, Enverus data shows. Oil rigs dropped by seven week on week to 199, while gas rigs fell five to 100. Click here for full-size image The horizontal rig count, which generally tracks unconventional wells, was at 256 this past week. Totals were last in the low 300s in May 2016, when oil prices […]