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Update: US Active Rig Count Rises by 5, 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 5 to 593 in the week ending Aug. 14, according to data from Baker Hughes (BKR) released Friday.

The US oil rig count increased by one from 454 the previous week to 455, while the number of gas rigs was up by four from 124 the previous week to 128, the data showed.

The number of miscellaneous rigs in the US remained the same at 10. The US had 412 oil, 122 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, increased by eight to 812 from 804 the previous week.

Price: $65.04, Change: $+1.60, Percent Change: +2.52%

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