Oil rigs on the rise

Oil & Gas Journal tracks and reports each week US drilling rig count data, by state, as well as monthly data for international rig counts, by country. Baker Hughes Inc. has been supplying active US and Canadian rotary rig counts to the petroleum industry since 1944. International statistics have been accounted for since 1975. Baker Hughes' weekly report that was released on June 24 noted that the rig count for active rigs drilling in the US hit a new milestone: Active oil rigs hit 1,003 units. This is the first time since the company's tracking the split of oil and gas rigs that the number of oil rigs reached the 1,000 unit mark. Each subsequent week, there has been a steady incline t...

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