Source: Rigzone
The number of rigs drilling for oil and gas in the U.S. climbed this week, bringing more gas supply to market despite low prices for the fuel.
The number of oil and gas rigs climbed to 1,465, up 21 rigs from the previous week, according to data from oil-field services company Baker Hughes Inc. The number of gas rigs was 949, an increase of eight rigs from last week, while the oil rig count was 502, an increase of 13 rigs. The number of miscellaneous rigs was unchanged at 14 rigs.
