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Update: US Active Rig Count Rises by 10, 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 ten to 573 in the week ending June 26, according to data from Baker Hughes (BKR) released Friday.

The US oil rig count rose by seven from 433 the previous week to 440, while the number of gas rigs increased by three from 122 the previous week to 125, the data showed.

The number of miscellaneous rigs in the US remained unchanged at eight from last week, in the week ending June 26. The US had 432 oil, 109 gas, and six 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 21 to 770 from 749 the previous week.

Price: $56.35, Change: $-0.59, Percent Change: -1.04%

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