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Update: US Active Rig Count Rises by 1, Baker Hughes Says

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(Updated with additional details.)

The combined count of crude oil, natural gas, and miscellaneous rigs in the US rose by one to 563 in the week ending June 18, according to data from Baker Hughes (BKR) released Thursday.

The US oil rig count remained unchanged at 433 from the previous week, while the number of gas rigs increased by one from 121 the previous week to 122, the data showed.

The number of miscellaneous rigs in the US remained unchanged at eight in the week ending June 18.

The US had 438 oil, 111 gas, and five miscellaneous rigs in operation a year earlier. The consolidated North American oil and gas rig count, a key early indicator of future production levels, rose by seven to 749 from 742 the previous week.

Price: $58.72, Change: $-1.35, Percent Change: -2.25%

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