Odessa American, Texas12h agobearish
Basin rig count up one as prices fallThe rig count in the Permian Basin was up one this week, the latest count Friday by Baker Hughes shows, with 242 rigs active in the region. A year ago, 285 rigs were active in the region. Nationally, the oil and gas rig count is up one from last week at 548 rigs. A year ago, 578 rigs were active. The count shows that 410 rigs sought oil, up two from the previous week, and 129 explored for ...