U.S. oil and gas rig count up 10 this week to 431, but not in Alaska

July 1, 2016 6:49 PM

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U.S. oil and gas rig count up 10 this week to 431, but not in Alaska

HOUSTON The number of rigs exploring for oil and natural gas in the U.S. increased by 10 this week to 421.

A year ago, 862 rigs were active. Oil and gas exploration has plummeted amid depressed energy prices.

Also read: Australia’s BHP Billiton Wins Bidding for Stake in Mexico’s Trion Oil Field

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