The added rigs are evenly split, one oil-targeted, and one gas-targeted, bringing the respective totals to 481 and 101 rigs ...

The active rig count in the US was up by 4 units for the week ended Feb. 7 with 586 rigs running, according to Baker Hughes data.

And in Louisiana, drillers cut one rig, bringing the total down to 29, the lowest since August 2020. The oil and gas rig count declined by about 5% in 2024 and 20% in 2023 as lower U.S. oil and ...