Highlights Oil rigs up by 10 to 202, gas rigs fall 1 to 86 Most large basins tick up one or two rigs But lower activity continues in the Permian Houston — After more than four months of weekly decreases, the US oil and gas rig count rose by nine to a net 288 the week ending July 15, rig data provider Enverus said, signalling a a widely awaited trough to a difficult year for the upstream industry grappling with the coronavirus and its devastation of crude demand. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The rise in rig activity marked a cessation of weekly rig count decreases which from early March to July reached a total loss of nearly 560 rigs from domestic fields. For the week ended July 15, oil rigs rose by 10 on week to 202, while rigs chasing natural […]