Oil Rig counts up for week ending Nov. 4

Written by Rig Report

Topics: Natural Gas, Oil, Rig Count

Oil rig counts in the US were up by 34 for the week, the largest weekly jump in oil rig counts since oil and gas counts were first tracked separately in 1987. However natural gas rigs declined by 27, the largest weekly drop since April 2009. Still the overall US rig count rose to the highest level since September 2008.

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