The US oil and gas rig count rose by six to 430 in the week ending Jan. 20, rig data provider Enverus said, as indicators ahead of the quarterly round of upstream earnings calls telegraphed an improved activity outlook for 2021 based on higher oil prices and possibly higher capital spending. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Permian Basin rigs in West Texas and New Mexico rose by four to 194, continuing their upward march since the August trough of 127. The count in the giant basin is the highest since May 2020, when the entire US fleet was plunging rapidly due to low oil prices brought on by the […]