U.S. Rig Count Rises Along With Crude Prices

The number of active drilling rigs in the United States rose by 6 this week, bringing the total rig count to 610, as oil prices continue to climb to attractive levels for drillers. Last week's count compared with an increased rig count if 3 to 604 during the previous week. Baker Hughes reported this week that the total active rig figure was 226 rigs higher than the rig count this time in 2021. Oil-directed rigs rose 4 to 495, while gas-directed rigs were up by 2 to 115. Oil production in the U.S. last week fell to 11.6 million bpd for…