Baker Hughes: US rig count unchanged at 251
The overall US rig count was unchanged at 251 rigs running according to Baker Hughes’ calculation of active US rigs during the week ended July 31.
With a count of 180, one fewer rig was drilling for oil compared with last week, while those rigs targeting natural gas gained one unit to reach 69.
The US rig count is down 691 rigs from last year’s count of 942, with oil rigs down 590 and gas rigs down 102.
