U.S. Oil Rig Count Unchanged As WTI Slumps Below $100

The number of total active drilling rigs in the United States rose by 2 this week, according to new data from Baker Hughes published on Friday. The total rig count rose to 758 this week—267 rigs higher than the rig count this time in 2021. Oil rigs in the United States were unchanged this week at 599. Gas rigs rose by 2, to 155. Miscellaneous rigs stayed the same at 4. The rig count in the Permian Basin fell by 1 to 349 this week. Rigs in the Eagle Ford increased by 1 to 70. Oil and gas rigs in the Permian are 107 above where they were this…