The nation's tally of active drilling rigs held flat this week as rising U.S. crude oil prices flirted with the $60 per barrel threshold, according to the weekly count from the Houston oilfield services firm Baker Hughes.
US rig count
The number of drilling rigs in the U.S. increased by four while Texas stayed flat.
The Baker Hughes rig count posted another week of growth.
US rig count is sitting at about half of last year’s total, according to Baker Hughes data.