Baker Hughes: US Drillers Add The Most Oil Rigs In A Week Since June
That compares with an average of 868 oil and gas rigs so far in 2017, 509 in 2016 and 978 in 2015. Most rigs produce both oil and gas.
With 907 total oil and gas rigs in operation now, that means Simmons analysts expect the number of rigs to decline through the balance of this year before rising next year.
(Reporting by Scott DiSavino; Editing by Marguerita Choy)
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