The U.S. rig count added rigs for the second straight week after a nine rig gain.
The number of oil and gas rigs drilling in the United States rose to 440 rigs as of July 8 compared to 863 rigs a year ago, according to Baker Hughes.
The additions mark the second straight week of gains and was the fifth out of sixth week that the rig count has risen.
The oil rig count jumped by 10 rigs to 351 rigs, down from 645 rigs during the same period last year.
The gas rig count slipped down by one rig to 88 rigs compared to 217 rigs a year ago.
The directional drill count ticked down to 36 rigs after a two rig loss.
The horizontal rig count rose to 343 rigs after adding 11 rigs last week while the vertical rig count held steady at 61 rigs.
Texas saw the largest rig gain of any major producing state last week after adding three rigs.
New Mexico and North Dakota each added two rigs last week.
Louisiana, Oklahoma and Wyoming added one rig a piece last week while Kansas lost one rig last week.
Rig counts in Alaska, Arkansas, California, Colorado, Ohio, Pennsylvania, Utah, and West Virginia held steady from last week.
The Permian Basin added four rigs last week, the biggest gain of all the major producing basins.
The Williston and Cana Woodford basins each added two rigs last week.
The Barnett, DJ-Niobrara and Mississippian basins added one rig a piece last week.
The rig count in the Gulf of Mexico held steady at 18 rigs.
Canada’s rig count climbed by five to 81 rigs after gaining two oil rigs and three gas rigs.