For the first time in seven months U.S. drillers added rigs last week.
According to Baker Hughes, the number of rigs drilling for oil and gas in the United States ticked up to 859 as of the week ending on June 26, up two rigs from the previous week.
The U.S. oil rig count inched down by three rigs to 628, down from 1,558 rigs a year ago, while U.S. gas drillers saw their count jump up to 228 rigs after adding five rigs last week.
The directional drill count climbed by three to 98 rigs while the horizontal rig count fell by eight rigs to 654 rigs, a nearly 50 percent drop from the previous year.
The vertical drill count added seven rigs and rose to 107 rigs, down from 381 rigs last year.
Rig counts in Alaska, Arkansas, California, Colorado, Kansas, Oklahoma, Pennsylvania, Utah and Wyoming held steady from last week.
Louisiana added a whopping six rigs last week while New Mexico and West Virginia each added one rig.
Texas booked a two rig loss and North Dakota and Ohio each lost three rigs.
The Williston Basin, home of the Bakken shale play, saw its rig count dip to 74 rigs after a three rig loss.
The Permian Basin, located in Texas, lost another two rigs last week while the Eagle Ford Basin, also located in Texas, dropped one rig.
Drillers in the Gulf of Mexico added one rig last week, bringing the area’s count up to 28 rigs, down from 54 rigs last year.
Canadian drillers lost one rig last week, bringing the country’s count down to 135 rigs compared to 236 rigs a year ago.