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Update: US Active Rig Count Unchanged, 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 was unchanged at 588 in the week ending Aug. 28, according to data from Baker Hughes (BKR) released Friday.

The US oil rig count decreased by five, from 452 the previous week to 447, while the number of gas rigs was up by five, from 127 to 132, the data showed.

The number of miscellaneous rigs in the US held steady at nine. The US had 412 oil, 119 gas, and five miscellaneous rigs in operation a year earlier.

The consolidated North American rig count, a key early indicator of future production levels, dropped by five to 799 from 804 the previous week.

Price: $62.42, Change: $+0.31, Percent Change: +0.50%

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Commodities

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