The oil and gas rig count, an early indicator of future output, rose by four to 586 in the week to February 7. Despite this ...

Drilling activity continues to trend upward, posting a second consecutive weekly gain. Oilfield services firm Baker Hughes said Friday its U.S. rig count rose four rigs to 586 rigs for the week.

The active rig count in the US was up by 4 units for the week ended Feb. 7 with 586 rigs running, according to Baker Hughes data.

The number of oil rigs in the US increased by one in the week ended Friday, according to data compiled by energy services company Baker Hughes (BKR). The count for oil grew to 480 rigs from 479 last ...

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