US rig count down four as prices climb

Odessa American

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Independent: AIM Media Texas

US rig count down four as prices climb

The rig count in the Permian Basin was down one this week, the latest count Friday by Baker Hughes shows, with 309 rigs active in the region. A year ago, 342 rigs were active in the region. Nationally, the oil and gas rig count is down four from last week at 590 rigs. A year ago, 687 rigs were active. The count shows that 488 rigs sought oil, down four from the previous week, and 98 explored for natural gas, unchanged from the previous week. The…