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Total active rigs drilling for oil and gas in the U.S. gained for the first time after six consecutive weekly declines, adding 4 to 585 according to Friday’s report from Baker Hughes.
Despite the increase, the total count was still down 95 rigs, or 14%, below this time last year.
Drilling rigs targeting crude oil in the U.S. were unchanged at 479, remaining at its lowest level since December 2021, while gas rigs gained 4 to 101 and 5 rigs remained classified as miscellaneous.
Rigs targeting oil in the Permian Basin lost 2 to 301, and rigs in the Eagle Ford rose by 1 to 45.
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