The number of oil and gas rigs in the United States is up 5 this week, according to Baker Hughes , with the total rig count holding fast at 475, which represents an increase of 212 rigs this year. In the week prior, the U.S. oil and gas rig count stayed the same, holding fast at 470 . The total number of active oil and gas drilling rigs in the U.S. is now 205 more than this time last year. The oil rig count rose by 4 this week to 376. The number of gas rigs increased by 1 and now sits at 99. The number of miscellaneous rigs stayed the same. The EIA’s estimate for oil production in the United States for the week ending June 25—the last available data—remained the same as the previous week at an average of 11.1 million barrels per day . Canada’s overall […]