Mumbai, March 10 -- The total number of active drilling rigs for oil and gas in the United States slipped last week, according to new data that Baker Hughes published on Friday, after a 1-rig increase in the week prior. The total rig count fell by 1 rig, to 592, according to Baker Hughes, down 30 from this same time last year. The number of oil rigs stayed the same-down by 18 compared to this time last year. The number of gas rigs fell by 1 to 101 for a loss of 14 active gas rigs from this time last year. Miscellaneous rigs were unchanged at 5.
Published by HT Digital Content Services with permission from Capital Market....