More Rigs Running in U.S. and Canada

More Rigs Running in U.S. and Canada

The number of rigs actively exploring for oil and natural gas in the U.S. this week rose by seven from the week before.

Of the 1,913 rigs running nationwide, 1,530 explore for natural gas, 375 for oil and eight are considered “miscellaneous,” according to Baker Hughes Inc., which tracks rig operations worldwide.

A year ago the rig count stood at 1,775.

There are 64 offshore rigs running in the Gulf of Mexico, down seven from a week ago and 13 fewer than a year ago.

In Canada, 356 rigs are operating. That is 97 more than last week and 125 more than a year ago.

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