U.S. Gas Rig Count Jumps as Oil Rig Count Remains Unchanged

The total number of active drilling rigs for oil and gas in the United States rose this week, pressing pause on a declining rig pattern, according to new data that Baker Hughes published on Friday. The total rig count rose by 4 to 585 this week, compared to 680 rigs this same time last year. The number of oil rigs remained unchanged this week, after falling by 6 in the week prior. Oil rigs now stand at 479, down by 61 compared to this time last year. The number of gas rigs rose by 4 this week to 101, a loss of 34 active gas rigs from this…