Baker Hughes reported on Friday that the number of oil and gas rigs in the United States increased by 2 this week, bringing the total rig count to 440. In the week prior, the U.S. oil and gas rig count decreased by 1 . The total number of active oil and gas drilling rigs in the U.S. is now 32 more than this time last year. The oil rig count decreased by 1 this week, bringing the total oil rig count to 342 this week. The number of gas rigs increased by 2 to 96. The number of miscellaneous rigs increased by 1. The EIA’s estimate for oil production in the United States for the week ending April 23—the last available data—fell slightly this week to 10.9 million barrels per day. The EIA estimates that U.S. oil production will reach a modest 11.04 million bpd this year, after falling […]