Highlights Eagle Ford has biggest change: up 3 rigs to 53 Few to no moves in most basins Platts Analytics sees rig count rise into 2023 The US oil and gas rig count jumped 12 to 700, energy analytics and software company Enverus said Dec. 9, reaching the highest level in 20 months. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Oil-directed rigs posted a gain of 11 for a total of 548, while gas-oriented rigs gained one for a total 152. The US last posted a total rig level this high the week ended April 1, 2020. “We’re expecting rigs to recover at a [moderate] rate similar to months past through third quarter 2022, at which point rig increases will slow down through 2023,” said Taylor Cavey, S&P Global Platts Analytics senior analyst for supply and production. “Budgets have risen with sustained price strength.” […]