US drilling rig count holds steady at 404

June 3, 2016

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The number of rigs drilling for oil and natural gas in the U.S. held steady the week ending May 27 at 404. That number, reported by Houston oilfield services company Baker Hughes, was the same as the number for the week ending May 20, which was another all-time low amid low energy prices.
A year ag…

Category: Oil & Gas