The U.S. rig count posted another week of gains but is still hovering near-record lows.
The number of oil and gas rigs operating in the United States climbed by six to 414 rigs during the week of June 10, still down from 859 rigs a year ago, according to Baker Hughes.
The additions marked the second consecutive week that the U.S. drill count has added rigs.
However, the total U.S. rig count is still well below record lows set earlier this year.
The oil rig count rose to 328 rigs after a three rig gain compared to 635 a year ago.
U.S. gas drillers added three rigs last week, raising the gas rig count to 85 rigs compared to 221 rigs a year ago.
The directional rig count ticked up by one rig to 45 while the horizontal rig count rose to 323 rigs after a four rig gain.
The vertical rig count rose by one rig to 46 rigs.
North Dakota and Texas each added two rigs last week while Alaska, Ohio, Oklahoma and Utah gained one rig a piece.
Pennsylvania posted a one rig loss last week.
Rig counts in Arkansas, California, Colorado, Kansas, Louisiana, New Mexico, West Virginia and Wyoming held steady from week-ago levels.
The Haynesville, Mississippian and Williston basins each gained two rigs last week.
The Utica and Eagle Ford basins each added one rig last week.
Drillers in the Cana Woodford basin dropped two rigs last week.
The Arkoma Woodford, DJ-Niobrara and Marcellus basins lost one rig each.
Rig counts in the Ardmore Woodford, Barnett, Fayetteville and Permian held steady from last week.
The Canadian rig count added 24 rigs last week after gaining 16 oil rigs and 8 gas rigs.
The Gulf of Mexico’s rig count held steady at 20 rigs.