KM Financial Solutions | UPDATE 1-U.S. drillers add oil rigs for third consecutive week -Baker Hughes
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UPDATE 1-U.S. drillers add oil rigs for third consecutive week -Baker Hughes

UPDATE 1-U.S. drillers add oil rigs for third consecutive week -Baker Hughes

(Adds Permian rigs)
By Scott DiSavino
April 20 (Reuters) – U.S. energy companies added oil rigs
for a third week in a row as energy firms follow through on
plans to spend more on drilling this year with crude prices near
three-year highs.
Drillers added five oil rigs in the week to April 20,
bringing the total count to 820, the highest level since March
2015, General Electric Co’s Baker Hughes energy services
firm said in its closely followed report on Friday.
<RIG-OL-USA-

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