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US drilling rig count increases 17 to 729

The number of rigs drilling for oil and natural gas in the U.S. increased by 17 the week ending Feb. 3 to 729.
A year ago, 571 rigs were active.
Houston oilfield services company Baker Hughes Inc. said 583 rigs were targeting oil (up 17 from the previous week) and 145 natural gas (the same as the…