U.S. drilling rig count rises four to 408

June 10, 2016

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The number of rigs drilling for oil and natural gas in the U.S. rose by four the week ending June 3 to 408, the first gain in months and halting a slide that pushed the count to record-low levels amid collapsed energy prices.
A year ago, 868 rigs were active.
Houston oilfield services company Bake…

Category: Oil & Gas